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Cashway Lumber recently paid a $2.20 dividend. Dividends are expected to grow at 3 percent per year for the foreseeable future. The required rate of

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Cashway Lumber recently paid a $2.20 dividend. Dividends are expected to grow at 3 percent per year for the foreseeable future. The required rate of return for their stock is 8 percent. Round your answers to two decimals. What will their dividend be at the end of this year? What will their dividend be three years from now? What will their dividend be seven years from now? What is the current price of their stock? What will the price of their stock be five years from now

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