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Please show how to get this answer using equations, NO EXCEL NOTE: Rate of return is 9.2% ATA doesn't expect to pay a dividend for

Please show how to get this answer using equations, NO EXCEL

image text in transcribedNOTE: Rate of return is 9.2%

ATA doesn't expect to pay a dividend for 3 years. 3 years you expect it to pay $4. You expect it to pay $6 at the end of year 4 and that the dividend will grow at 5% after that. Answer: $112.78

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