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Business, 23.07.2021 02:30 Heartlesskiidkii

Otobai Motor Company just paid a dividend of $1.40. Analysts expect its dividend to grow at a rate of 18 percent for the next three years and then a constant rate of 5 percent thereafter. What is the expected dividend per share at the end of year 5? a. $2.35.
b. $2.54.
c. $2.91.
d. $1.50.

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