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Beatty Corporation just paid a dividend of $2.60 a share (that is, D 0= $2.60). The dividend is expected to grow 12 percent a year
Beatty Corporation just paid a dividend of $2.60 a share (that is, D 0= $2.60). The dividend is expected to grow 12 percent a year for the next 2 years and then at 5 percent a year thereafter. What is D 4, the expected dividend per share for Year 4? a. $3.60 b. $3.48 c. $3.16 d. $3.96 e. $4.09
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