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Assume a corporation has just paid a dividend of $4.94 per share. The dividend is expected to grow at a rate of 4.2% per year
Assume a corporation has just paid a dividend of $4.94 per share. The dividend is expected to grow at a rate of 4.2% per year forever, and the discount rate is 6.4%. What should be the amount paid as a dividend per share next year?
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