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1a. Suppose the Texas Oil Company just paid a dividend of $3.10 per share. The dividends are expected to grow at 2%, forever. Calculate the
1a. Suppose the Texas Oil Company just paid a dividend of $3.10 per share. The dividends are expected to grow at 2%, forever. Calculate the projected dividend 10 years from today. (Round to 3 decimals)
1b. The Abbott Company just paid a dividend of $2.15 per share. Dividends are expected to grow at 20% for the next 4 years, and then 2% forever. Calculate the projected dividend payment 5 years from today. (Round to 3 decimals)
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