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The Olde Mill Just Paid an Annual Dividend of

Question 55

Multiple Choice

The Olde Mill just paid an annual dividend of $.38 a share and plans on decreasing this amount by 1 percent annually.What is the expected dividend for Year 6?


A) $) 3542
B) $) 3602
C) $) 3636
D) $) 3578
E) $) 3584

Correct Answer:

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