Question: Please Solve using EXCEL. The correct answers are listed A company just paid a dividend of $3.21 a share. The dividend is expected to grow

Please Solve using EXCEL. The correct answers are listed

A company just paid a dividend of $3.21 a share. The dividend is expected to grow at 8% a year for the next 5 years and then at 4% afterwards.

What is the expected dividend per share at the end of year 5? At the end of year 8?

Solution:
Div_5 4.72
Div_8 5.31

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