Question: Question 40 1 points Save Answer If the dividend yield for year 1 is expected to be 7% based on a stock price of $30,

 Question 40 1 points Save Answer If the dividend yield for

Question 40 1 points Save Answer If the dividend yield for year 1 is expected to be 7% based on a stock price of $30, what will the year 5 dividend be if dividends grow annually at a constant rate of 8% (in $ dollars)? $

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