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A stock is expected to pay annual dividends forever. The first dividend is expected in 1 year and all subsequent annual dividends are expected to
A stock is expected to pay annual dividends forever. The first dividend is expected in 1 year and all subsequent annual dividends are expected to grow at a constant rate annually. The dividend expected in 3 years from today is 19.53 dollars and the dividend expected in 11 years from today is expected to be 26.06 dollars. What is the dividend expected to be in 6 years from today?
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