Question: Randon house current eps is 6.50. It was 4.42 five years ago. The company pays out 40% of its earnings as dividends and the stock

Randon house current eps is 6.50. It was 4.42 five years ago. The company pays out 40% of its earnings as dividends and the stock sells for $36.00 Calculate the next expected dividend per share, D1(hint d0= 0.4(6.50= 2.60) Assume that the past growth rate will continue

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