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    Expected year-end dividend

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    McLaughlin Inc.'s stock has a required rate of return of 10.50%, and it sells for $67.50 per share. McLaughlin's dividend is expected to grow at a constant rate of 7.00% per year. What is the expected year-end dividend, D1?

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    https://brainmass.com/business/accounting-for-corporations/expected-year-end-dividend-309142

    Solution Summary

    The expected year-end dividend is determined.

    $2.19