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Suppose that a firm's recent earnings per share and dividend per share are $370 and $270, respectively. Both are expected to grow at 9 percent.

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Suppose that a firm's recent earnings per share and dividend per share are $370 and $270, respectively. Both are expected to grow at 9 percent. However, the firm's current P/E ratio of 18 seems high for this growth rate. The P/E ratio is expected to fall to 14 within five years Compute the dividends over the next five years. (Do not round intermediate calculations. Round your answers to 3 decimal places.) Dividends Years Flest your Second you Third year Fourthy Filthyeat Compute the value of this stock in five years (Do not found intermediate calculations. Round your answer to 2 decimal places)

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