Question: 3. Extend the model in section 4.5 past 2001. Show that if Farmers will continue not to pay dividends, there will be a large buildup

3. Extend the model in section 4.5 past 2001. Show that if Farmers will continue not to pay dividends, there will be a large buildup of cash and cash equivalents. "Fix" this problem by assuming that starting in 2002, Farmers will start to pay a fixed proportion of its profits in dividends.

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