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An ordinary share pays annual dividends and is expected to pay a dividend of $3 in one year. The annual dividend will grow at 8%
An ordinary share pays annual dividends and is expected to pay a dividend of $3 in one year. The annual dividend will grow at 8% until the end of year 4. The growth rate then becomes 4% p.a. forever.
Calculate the following dividend.
The dividend payable at the end of year 3 is:
The dividend payable at the end of year 6 is:
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