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a) A company plans to increase its dividend at a rate of 5% per year indefinitely, what will be the dividend per share in 10 years? $6.52

b) If the dividend per share is expected to be $5.87 per share at the end of 5 years at what annual rate is the dividend expected to grow? 8%

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This job examines dividends per share.

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a) If Acme Products plans to increase its dividend at a rate of 5% per year indefinitely, what will be the ...

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