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Assume a corporation has just paid a dividend of $3.5 per share. The dividend is expected to grow at a rate of 3% per year

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Assume a corporation has just paid a dividend of $3.5 per share. The dividend is expected to grow at a rate of 3% per year forever, and the discount rate is 5.5%. 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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