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Question 19 of 20 -/1 i View Policies Current Attempt in Progress Tamarisk Natural Foods current dividend is $8.50. You expect the growth rate to

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Question 19 of 20 -/1 i View Policies Current Attempt in Progress Tamarisk Natural Foods current dividend is $8.50. You expect the growth rate to be O percent for years 1 to 5, and 2 percent for years 6 to Infinity. The required rate of return on this firm's equity is 8 percent. (a) Determine the expected dividend at the end of year 5. (Enter answer to 2 decimal places, eg 11.61.) Dividend $ Attempts: 0 of 3 used Submit Answer Save for Later Using multiple attempts will impact your score. 30% score reduction after attempt 1

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