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Suppose the company is expected to pay a dividend of $9.76. next year That is, D1 is $9.76. What is the amount of dividend in
Suppose the company is expected to pay a dividend of $9.76. next year That is, D1 is $9.76. What is the amount of dividend in Year 15? That is, what is D15? Assume that the dividends are expected to grow by 12% each year. Enter your answer rounded off to two decimal points.
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