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24. Otobai Motor Company just paid a dividend of $1.40. Analysts expect its dividend to grow at a rate of 18% for the next three
24. Otobai Motor Company just paid a dividend of $1.40. Analysts expect its dividend to grow at a rate of 18% for the next three years and then a constant rate of 5% thereafter. What is the expected diVidend per share at the end of year 5? A. $2.35 B. $2.54 C. $2.91 D. $1.50
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