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Blossom Corp. is a fast-growing company whose management expects it to grow at a rate of 22 percent over the next two years and then
Blossom Corp. is a fast-growing company whose management expects it to grow at a rate of 22 percent over the next two years and then to slow to a growth rate of 16 percent for the following three years. If the last dividend paid by the company was $2.15.
what is the dividend for the 1st year ? ____
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