Business, 09.07.2021 18:50 ShlomoShekelstein

Michigan Co. just paid a dividend of $2 per share. Analysts expect future dividends to grow at 20% per year for the next 4 years and then grow at 6% per year thereafter. Calculate the expected dividend in year 5.

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Michigan Co. just paid a dividend of $2 per share. Analysts expect future dividends to grow at 20% p...