Question: Answer is 19.85 but need help with the calculation. Thanks. Johnson Inc.'s first dividend of $2 per share is expected to be paid 5 years

Answer is 19.85 but need help with the calculation. Thanks. Johnson Inc.'s first dividend of $2 per share is expected to be paid 5 years from today. From then on, dividends will grow by 7.2% per year ...

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