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QUESTION 8 10 points Save Answer Can you grow a dividend? imagine a firm whose dividends have growing at a rate of 11% per year,
QUESTION 8 10 points Save Answer Can you grow a dividend? imagine a firm whose dividends have growing at a rate of 11% per year, which is expected to be the stable growth rate forever. The dividend just paid (DO) was $4.68 and the required rate of return is 9%. What is the dividend paid in year 4? Find D4 Round your answer to two decimals
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