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Atlas Mines has adopted a policy of increasing the annual dividend on its common stock at a constant rate of 3.00 percent annually. The firm
Atlas Mines has adopted a policy of increasing the annual dividend on its common stock at a constant rate of 3.00 percent annually. The firm just paid an annual dividend of $1.50. (1) What will the dividend be three years from now? (2) What will the dividend be ten years from now? (3) What will the dividend be twenty years from now?
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