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WMT just paid a dividend of $3 per share. Analysts expect future dividends to grow at 22% per year for the next four years and

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WMT just paid a dividend of $3 per share. Analysts expect future dividends to grow at 22% per year for the next four years and then grow at 4% per year thereafter. Calculate the expected dividend in year 5. Round your answer to the nearest two decimals if needed. Do not type the $ symbol

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