A company paid a dividend last year of $1.75.The expected ROE for next year is 14.5%.An appropriate required return on the stock is 10%.If the firm has a plowback ratio of 75%,the dividend in the coming year should be
A)$1.80
B)$2.12
C)$1.77
D)$1.94
E)none of the above

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The Answer of A company paid a dividend last year of $1.75.The expected ROE for next year is 14.5%.An appropriate required return on the stock is 10%.If the firm has a plowback ratio of 75%,the dividend in the coming year should be
A)$1.80
B)$2.12
C)$1.77
D)$1.94
E)none of the above

A Company Paid a Dividend Last Year of $1