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A firm currently pays a dividend of R2.50, which is expected to grow at 18 % for two years and then 6.5% thereafter. If the
A firm currently pays a dividend of R2.50, which is expected to grow at 18 % for two years and then 6.5% thereafter. If the required return is 8%, the present value of the dividend in year 1 and 2 will be _______ and _______, respectively.
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