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Suppose the company paid dividend of $15.56. That is, D0 is $15.56. What is the amount...

Suppose the company paid dividend of $15.56. That is, D0 is $15.56. What is the amount of dividend in Year 19? That is, what is D19? Assume that the dividends are expected to grow by 6% each year.

Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.

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IF ANY QUERY, FEEL FREE TO ASK Solution We know that, DO X (1+g) Dn where, Dn DO Dividend for nth year current dividend grow

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