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Spe 0/1 po Question 1 RBC just paid a dividend of $4. The dividends of RBC are expected to grow by 20% next year (year

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Spe 0/1 po Question 1 RBC just paid a dividend of $4. The dividends of RBC are expected to grow by 20% next year (year 1), 25% the year after that (year 2), and 7% during the 3rd year. Subsequently, RBC's dividends are expected to grow at 2% in perpetuity. The required rate of return for RBC is 8%. What dividend will be paid in four years from now (D4)? What is the Present Value of the fourth dividend PVIDAX 11

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