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egin paying dividends, beginning with a dividend of $1.25 coming 3 years from today. The dividend should grow rapidly - at a rate of 16%

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egin paying dividends, beginning with a dividend of $1.25 coming 3 years from today. The dividend should grow rapidly - at a rate of 16% per year - during Years 4 and ntermediate calculations. Round your answer to the nearest cent

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