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please help!! Assume Gillette Corporation will pay an annual dividend of $1.05 one year from now. Analysts expect this dividend to g row at 12%
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Assume Gillette Corporation will pay an annual dividend of $1.05 one year from now. Analysts expect this dividend to g row at 12% per year thereatler until the 3rd year. Thereafter, growth will level off at 2% por year. Based on these assumptions, what dividends will Giletto pay in the next four yeart? Note that you do not need to find the current stock price - all you have to calculate are the dividends D1, D2, D3 and D4, to the nearest cent. D1= D2= D3= D4= Step by Step Solution
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