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7. Delfino's expects to pay an annual dividend of $1.50 per share next year. What is the anticipated dividend for year 5 if the firm increases its

7. Delfino's expects to pay an annual dividend of $1.50 per share next year. What is the anticipated dividend for year 5 if the firm increases its dividend by 2 percent annually? 

A. $1.50 ´ (1.02)1

B. $1.50 ´ (1.02)2

C. $1.50 ´ (1.02)3

D. $1.50 ´ (1.02)4

E. $1.50 ´ (1.02)5


Isn't is E?

cuz I learned this formula like this Dn=D0(1+g)n

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