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Michigan co. is currently paying a dividend of $2.00 per share. the dividends are expected to grow at 20% per year for the next four years and then grow 6% per year thereafter. calculate the expected dividend in year 5.

1 Answer

7 votes

Answer:

Step-by-step explanation:

do .20*4

then Multiply by .6

Then Multiply by 5

Hope it helps

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