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Today your company paid a dividend (D0) of $3 per share. The growth rate of the dividend is expected to be 10% for the next

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Today your company paid a dividend (D0) of $3 per share. The growth rate of the dividend is expected to be 10% for the next two years, and then 6% thereafter. The cost of capital is 10%. For each question, choose the closest answer. 19. What do you expect the dividend to be in three years from now (D3) ? a) $3.30 b) $3.57 c) $3.99 d) $3.85

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