Question
Suppose the company is expected to pay a dividend of $8.97. next year That is, D1is $8.97. What is the amount of dividend in Year
Suppose the company is expected to pay a dividend of $8.97. next year That is, D1is $8.97. What is the amount of dividend in Year 20? That is, what is D20? Assume that the dividends are expected to grow by 15% each year.
Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
11th edition
134141083, 978-0134141084
