Question: please show work in excel Amos, Inc. is expected to pay an equal dividend at the end of the next two years. Thereafter, the dividend
please show work in excel
Amos, Inc. is expected to pay an equal dividend at the end of the next two years. Thereafter, the dividend will grow at a constant annual rate of 2.5%, forever. The current stock price is $60. The appropriate rate of return on the stock is 9%. Calculate the next year's dividend payment. (Round to 3 decimals)
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