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S 0 8 - 1 9 Supernormal Growth [ LO 1 ] Orkazana Corporation is experiencing rapid growth. Dividends are expected to grow at 2
S Supernormal Growth LO
Orkazana Corporation is experiencing rapid growth. Dividends are expected to grow at
percent per year during the next three years, percent over the following year, and
then percent per year indefinitely. The required return on this stock is percent, and
the stock currently sells for $ per share. What is the projected dividend for the coming
year? Do not round intermediate calculations and round your answer to decimal
places, eg
Projected dividend
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