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Assume a corporation has just paid a dividend of $ 2.46 per share. The dividend is expected to grow at a rate of 3.1% per
Assume a corporation has just paid a dividend of $ 2.46 per share. The dividend is expected to grow at a rate of 3.1% per year forever, and the discount rate is 9.8%. What should be the amount paid as a dividend per share next year? Enter your answer in terms of dollars, rounded to 2 decimals, and without the dollar sign. So, if your answer is 3.1416, just enter 3.14
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