A company has just paid a quarterly dividend of 150 per, Financial Management

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A company has just paid a quarterly dividend of 150 per

A company has just paid a quarterly dividend of $1.50 per share, which is expected to increase 1% every quarter into the future. The future dividends are an example of which type of cash flow stream? EXPLAIN WHY ?

A. perpetuity

B. ordinary annuity

C. growing annuity

D. growing perpetuity

E. annuity due

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