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Eva Corp. is experiencing rapid growth. Dividends are expected to grow at 25 percent per year during the next three years, 15% over the following

Eva Corp. is experiencing rapid growth. Dividends are expected to grow at 25 percent per year during the next three years, 15% over the following year, and then 8% per year indefinitely. The required return on this stock is 13%, and the stock currently sells for $76 per share. What is the projected dividend for the coming year?

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