North Side Corporation is expected to increase its dividends at 6 percent (annual) rate over the next three years. If the company’s most recent dividend was $1.8, what are dividends for year 1, year 2 and year 3? a. $2.20; $2.42; $2.66 b. $1.91; $2.02; $2.14 c. $1.91; $2.87; $3.16 d. $2.20; $2.58; $2.75
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North Side Corporation is expected to increase its dividends at 6 percent (annual) rate over the next three years. If the company’s most recent dividend was $1.8, what are dividends for year 1, year 2 and year 3?
| a. |
$2.20; $2.42; $2.66 |
|
| b. |
$1.91; $2.02; $2.14 |
|
| c. |
$1.91; $2.87; $3.16 |
|
| d. |
$2.20; $2.58; $2.75 |
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