Question: BRB Co. is expected to pay the same dividend for the next two years. Thereafter, the dividend will grow at a constant annual rate of

BRB Co. is expected to pay the same dividend for the

BRB Co. is expected to pay the same dividend for the next two years. Thereafter, the dividend will grow at a constant annual rate of 7.2%, indefinitely. Investors require a return of 14.1% on BRB stock. If BRB stock sells at R66.62 today, what is next year's dividend payment

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