Suppose the company is expected to pay a dividend of $8.97. next year That is, D 1
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Suppose the company is expected to pay a dividend of $8.97. next year That is, D1 is $8.97. What is the amount of dividend in Year 20? That is, what is D20? Assume that the dividends are expected to grow by 15% each year.
Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.
Related Book For
Principles of Corporate Finance
ISBN: 978-0077404895
10th Edition
Authors: Richard A. Brealey, Stewart C. Myers, Franklin Allen
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