After paying a dividend of $1.90 last year, a company does not expect to pay a dividend for the next year. After that it plans to pay a dividend of 5.39 in year 2 and then increase the dividend at a rate of 5 percent per annum in years 3 to 6. What is the expected dividend to be paid in year 37 (to nearest cent don't include sign) Answer ABC Limited will pay a 55.78 dividend next year (t-1) on its ordinary shares. The shares are currently selling at $2.60 per share. What is the market's required return on this investment if the dividend is expected to grow at 4% forever? (as a percentage to nearest two decimal places don't use sign)