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ABC Corporation is experiencing rapid growth, Dividends are expected to grow at 2.5% per year for the next three years and then grow at 5%
ABC Corporation is experiencing rapid growth, Dividends are expected to grow at 2.5% per year for the next three years and then grow at 5% per year forever. If the required Return on the share is 10% and the share currently sells for $30, Calculate the projected dividend for the coming year.
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