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Winslow, Inc., stock is currently selling for $80 a share. The expected growth rate of of dividend is 6% and the expected total return for
Winslow, Inc., stock is currently selling for $80 a share. The expected growth rate of of dividend is 6% and the expected total return for the next year of 10%. You purchase 2,000 shares of this stock today. How much dividend income should you expect to receive next year? (Please do not round your intermediate calculations. Round only, if necessary, your final answer to two decimal places and enter it without the dollar ($) sign).
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