If the dividend yield for year one is expected to be 5 percent based on the current price of $25, what will the year four dividend be if dividends grow at a constant 6 percent?
A)$1.33
B)$1.49
C)$1.58
D)$1.67

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The Answer of If the dividend yield for year one is expected to be 5 percent based on the current price of $25, what will the year four dividend be if dividends grow at a constant 6 percent?
A)$1.33
B)$1.49
C)$1.58
D)$1.67

If the Dividend Yield for Year One Is Expected to Be