Current Attempt in Progress Ted McKay has just bought the common stock of Pharoah Corp. Management of Pharoah expects the company expects to grow at the following rates for the next three years: 40 percent, 35 percent, and 25 percent. Last year the company paid a dividend of $2.10. Assume a required rate of return of 11 percent. (a1) (a22 Compute the expected dividend for the second year. (Round answer to 2 decimal places c.8.15.25.) D $ e Textbook and Media