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What is the dividend in year 3, given the following in Year 1 dividend: $3.86 Year 2 dividend: 6.48% growth rate over year 1 Year

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What is the dividend in year 3, given the following in Year 1 dividend: $3.86 Year 2 dividend: 6.48% growth rate over year 1 Year 3 dividend: 7.68% growth rate over year 2 Please round your answer to two decimal places

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