Question: Compute expected dividend for years 3 and 4 please. Ted McKay has just bought the common stock of Blossom Corp. Management of Blossom expects the

Compute expected dividend for years 3 and 4 please.
Compute expected dividend for years 3 and 4 please. Ted McKay has
just bought the common stock of Blossom Corp. Management of Blossom expects

Ted McKay has just bought the common stock of Blossom Corp. Management of Blossom expects the company expects to grow at the following rates for the next three years: 30 percent, 25 percent, and 15 percent. Last year the company paid a dividend of $2.00. Assume a required rate of return of 10 percent (21) Your answer is correct Compute the expected dividend for the first year. (Round answer to 2 decimal places, eg. 15.25) D 2.60 Compute the expected dividend for the second year. (Round answer to 2 decimal places, eg. 15.25.) D2 $ $ 3.25 (a3) Compute the expected dividend for the third year. (Round answer to 2 decimal places, eg. 15.25.) D $

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