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The XYZ Corporation just paid a cash dividend of $1.80. It is estimated that this firm's dividends will be $2.00 in one year, $3.00 in
The XYZ Corporation just paid a cash dividend of $1.80. It is estimated that this firm's dividends will be $2.00 in one year, $3.00 in two years and will grow at a constant rate of 23% thereafter. You are considering purchasing XYZ's common stock, and, because income is important to you you would like to know the SUM of the dividends you will receive. What is the SUM of the first 3 dividends you receive from XYZ
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