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  • 19-03-2024
  • Business
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Conroy Consulting Corporation (CCC) has a current dividend of D0 = $2.60. Shareholders require an 11% rate of return. Although the dividend has been growing at a rate of 24% per year in recent years,

What is the expected dividend for the next year (D1)?
a. $3.22
b. $3.27
c. $3.36
d. $3.42

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