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Michigan Co. just paid a dividend of $2.00 per share. Analysts expect future dividends to grow at 20% per year for the next four years
Michigan Co. just paid a dividend of $2.00 per share. Analysts expect future dividends to grow at 20% per year for the next four years and then grow at 6% per year thereafter. Calculate the expected dividend in year 5.
$4.15 | ||
$2.95 | ||
$4.40 | ||
$3.81 |
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