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Suppose the company paid dividend of $10.2. That is, D0 is $10.2. What is the amount of dividend in Year 2? That is, what is

Suppose the company paid dividend of $10.2. That is, D0 is $10.2. What is the amount of dividend in Year 2? That is, what is D2?



Assume that the dividends are expected to grow by 3% each year?

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