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Flanagan Corporation just paid a dividend of $ 2 . 4 0 a share ( that is , D 0 = $ 2 . 4

Flanagan Corporation just paid a dividend of $2.40 a share (that is, D0= $2.40). The dividend is expected to grow 11 percent a year for the next 3 years and then at 4 percent a year thereafter. What is D4, the expected dividend per share for Year 4?

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