Future Dividend Value
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A certain stock paid a dividend of $2.00 yesterday and has a history of growth in dividends of 15% annually. What dividend will the stock pay in 10 years?
a) $8.09
b) $20.31
c) $0.49
d) $20.00
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If dividends are expected to increase 15% a year, then after 1 year, the dividend should be ...
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