Multiple Choice
If a company is currently paying $.40 in dividends and they are expected to grow at 7% for the next 6 years and then grow at 4% thereafter the dividend expected in year 8 is:
A) $4.33.
B) $0.65.
C) $4.39.
D) $0.69.
E) $0.67.
Correct Answer:
Verified
Correct Answer:
Verified
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