The dividend next year is $2.13.

Please type out answer and equation.

The Abbondante company is evaluating a project to expand its publishing business. The company wants to publish hard copies of new novels for college students. The projected sales are $18.6 million per year. The shares sell for $41.00. Depreciation is $2.29 million per year. COGS is $4.32 million per year. The project will last 7 years and the company's tax rate is 21%. SGA is $2.1 million. The company's beta is 1.99. The Treasury bond rate is 3.45 percent. The return to the market is 8.74 percent. The cost of the equipment and materials will be $40.1 million. This is CF0. The company will pay a dividend of $2.13. The dividends are expected to show a growth rate of 3.4%. The required return is 9.63 percent. The dividend next year is $ The Abbondante company is evaluating a project to expand its publishing business. The company wants to publish hard copies of new novels for college students. The projected sales are $18.6 million per year. The shares sell for $41.00. Depreciation is $2.29 million per year. COGS is $4.32 million per year. The project will last 7 years and the company's tax rate is 21%. SGA is $2.1 million. The company's beta is 1.99. The Treasury bond rate is 3.45 percent. The return to the market is 8.74 percent. The cost of the equipment and materials will be $40.1 million. This is CF0. The company will pay a dividend of $2.13. The dividends are expected to show a growth rate of 3.4%. The required return is 9.63 percent. The dividend next year is $