Question: The expected dividend next year is $1.36, in year 2 the dividend is $2.50 and dividends are expected to grow at 2% forever. If the

The expected dividend next year is $1.36, in year 2 the dividend is $2.50 and dividends are expected to grow
at 2% forever. If the appropriate discount rate is 7%, what is the present value today of all dividends?

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