Question: If the dividend yield for year 1 is expected to be 8% based on a stock price of $12.5, what will the year 5


If the dividend yield for year 1 is expected to be 8%

If the dividend yield for year 1 is expected to be 8% based on a stock price of $12.5, what will the year 5 dividend be if dividends grow annually at a constant rate of 6% (in $ dollars)? $

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