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Wildhorse Corp. is a fast-growing company whose management expects it to grow at a rate of 30 percent over the next two years and then

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Wildhorse Corp. is a fast-growing company whose management expects it to grow at a rate of 30 percent over the next two years and then to slow to a growth rate of 17 percent for the following three years. The last dividend paid by the company was $2.15. Problem 9.05 a1-a6(a1) What is the dividend for the 1st year? (Round answer to 3 decimal places, e.g. 15.250.)

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