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Please show all working and formulas used, thanks! 2. What is the expected dividend to be paid in 5 years if a dividend of $1
Please show all working and formulas used, thanks!
2. What is the expected dividend to be paid in 5 years if a dividend of $1 was just paid yesterday, dividends are expected to grow at a constant 5% annual rate, and the firm has a 15% expected return? (2 marks)Step by Step Solution
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