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XYZ corp just paid dividends of $3 per share. The dividend of this company grows at the rate of 8% per year. Based on this

XYZ corp just paid dividends of $3 per share. The dividend of this company grows at the rate of 8% per year. Based on this information, what will be the dividend 5 years from now?

Answer: $4.41

********PLEASE TRANSLATE HOW ANSWER WAS DETERMINED USING A FINANCIAL CALCULATOR*****************

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