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Question 36 Marin Natural Foods' current dividend is $4.70. You expect the growth rate to be 0 percent for years 1 to 5, and 1

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Question 36 Marin Natural Foods' current dividend is $4.70. You expect the growth rate to be 0 percent for years 1 to 5, and 1 percent for years 6 to infinity. The required rate of return on this firm's equity is 8 percent. Determine the expected dividend at the end of year 5. (Enter answer to 2 decimal places, e.g. 11.61.) Dividend $ Determine the expected dividend at the end of year 6. (Round answer to 2 decimal places, e.g. 11.61.) Dividends Determine the expected price of the stock at the end of year 5 (immediately after the year 5 dividend). (Round answer to 2 decimal places, e.g. 45.17.) Price $ Determine the price of the stock today. (Round answer to 2 decimal places, e.g. 45.17.) Price today $

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