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Fast food chain Big Bills Burgers has an expected constant growth rate of 4.5% and required return of 9.25%. If the current stock price is

Fast food chain Big Bills Burgers has an expected constant growth rate of 4.5% and required return of 9.25%. If the current stock price is $43.02, what is the dividend payment that investors can expect next year?

Answer: $2.04 per share

How 2.04 was calculated?

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