Multiple Choice
The Garden Shoppe has adopted a policy of increasing its annual dividend at a constant rate of 1.35 percent annually. The company just paid its annual dividend of $1.84. What will the dividend be nine years from now?
A) $2.10
B) $2.05
C) $2.08
D) $2.02
E) $2.15
Correct Answer:
Verified
Correct Answer:
Verified
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