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Shares and Dividends

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Please walk through the steps to do this on a TI BA II Plus and the rationale.

Flanigan Corporation has just paid an annual dividend of $1.50 per share (D0 = $1.50). The dividend is expected to grow 5% per year for the next 3 years, and then 10% a year thereafter.

Calculate FC's expected dividend per share for each of the next 5 years.

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Solution Summary

The solution calculates Flanigan's Corp. expected dividend per share for each of the next 5 years.

Solution provided by:
Gaurav Agarwal, MS
Education
  • BE, Bangalore University, India
  • MS, University of Wisconsin-Madison
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