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Need Answered within 20 minutes!! Will give a positive rating A firm has adopted...

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Accounting

imageNeed Answered within 20 minutes!! Will give a positive rating

A firm has adopted a policy of increasing its annual dividend at a constant rate of 1.32 percent annually. The company just paid its annual dividend of $1.4. What will the dividend be 12 years from now? Instruction: Enter your response rounded to two decimal places. Question 7 1 pts A common stock is currently selling for $39.87. The last annual dividend paid was $1.16 per share and the market rate of return is 14.2 percent. At what rate is the dividend growing? Instruction: Enter your response rounded to two decimal places. 9.79 percent 9.65 percent 10.97 percent 11.08 percent 12.10 percent

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