Question: 17. (18 points) All Aboard Enterprises is expected to experience high growth, dividends are expect to grow at 30% per year during the next 2
17. (18 points) All Aboard Enterprises is expected to experience high growth, dividends are expect to grow at 30% per year during the next 2 years, 20% over the following year and then 10% per year, forever. The stock is currently selling for $32.00 and investors require a 15% return on this stock. What dividend was just paid on this stock?
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