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Assume the firms dividend payment this year is $3.68, and that the required rate of return for the firms industry is 10.2%. If the firms
Assume the firms dividend payment this year is $3.68, and that the required rate of return for the firms industry is 10.2%. If the firms dividend will grow 3.6% each year beginning next year, by how much will the dividend grow ten years from now? In other words, how much will be the dividend growth between now (i.e. when dividend is $3.68) and ten years from now?
A.) $1.69
B.) $1.56
C.) $1.24
D.) $5.24
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