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 next two years. Thereafter. the dividend will grow at a constant annual rate of 1.2%, indefinitely. Investors require a return of 11.4% on BRB stock. If BRB stock sells at R86.78 today, what is next year's dividend payment

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