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Sheridan Corp. is a fast - growing company whose management expects it to grow at a rate of 2 6 percent over the next two

Sheridan Corp. is a fast-growing company whose management expects it to grow at a rate of 26 percent over the next two years and then to slow to a growth rate of 18 percent for the following three years. If the last dividend paid by the company was $2.15.
What is the dividend for the 2nd year?

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