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Walmart has just paid an annual dividend of $3.5. Dividends are expected to grow by 9% for the next 4 years, and then grow by

Walmart has just paid an annual dividend of $3.5. Dividends are expected to grow by 9% for the next 4 years, and then grow by 3% thereafter. Walmart has a required return of 10%.

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What is the expected dividend in four years?

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