Question: Please help me with the 2nd Year, thank you! Ted McKay has just bought the common stock of Oriole C p. Management of Oriole expects
Please help me with the 2nd Year, thank you!

Ted McKay has just bought the common stock of Oriole C p. Management of Oriole 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 $2.60. Assume a required rate of return of 12 percent. (a1) Your Answer Correct Answer Your answer is correct. Compute the expected dividend for the first year. (Round answer to 2 decimal places, e.g. 15.25) D $ U 3.64 Compute the expected dividend for the second year. (Round answer to 2 decimal places, eg, 15.25.) D2 $
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