Southern Fried Chicken is planning on paying a $1.30 a share dividend next year, a $1.40 per share dividend the following year, and a final liquidating dividend of $9.50 per share 3 years from now. The required return is 14.5 percent. How much will your homemade dividend be in three years if you opt to forego any dividend until then?

Answer rating: 100% (QA)

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