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A company will pay the following dividends over the next three years: $3, $8, $9. Afterward, they will maintain a constant 3% growth rate on
A company will pay the following dividends over the next three years: $3, $8, $9. Afterward, they will maintain a constant 3% growth rate on the dividends, forever. How much dividend is paid in year 30? PLEASE show work and only round final answer to 3 decimal places.
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