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Bangla Motors will pay dividends for the next 5 years. The expected dividend growth rate for this firm is 8 percent, the discount rate is
Bangla Motors will pay dividends for the next 5 years. The expected dividend growth rate for this firm is 8 percent, the discount rate is 15 percent, and the stock currently sells for $50 per share. What is the most recent dividend payment? Show your calculation. (2 marks).
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