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Connor Cement Company just paid a dividend of $1.56. The company's dividend is expected to grow by 8% per year over the next 5 years.

Connor Cement Company just paid a dividend of $1.56. The company's dividend is expected to grow by 8% per year over the next 5 years. If the company's dividend grows at this rate, compute the dividend 5 years from now for Connor Cement. a. $2.29 b. $2.18 c. $2.80 d. $29.47

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