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If a company paid a dividend of $0.40 last month and it is expected to grow at 7% for the next 6 years and then
If a company paid a dividend of $0.40 last month and it is expected to grow at 7% for the next 6 years and then grow at 4% thereafter, the dividend expected in year 8 is ___.
| A. | $0.63 | |
| B. | $0.65 | |
| C. | $0.68 | |
| D. | $0.69 | |
| E. | $0.74 |
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Investments An Introduction
Authors: Herbert B Mayo
10th Edition
0538452099, 9780538452090
