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Find the expected dividend for each of the next 3 years

Suppose a firm's common stock paid a dividend of $1.75 yesterday. You expect the dividend to grow at the rate of 8% per year for the next 3 years, if you buy the stock, you plan to hold it for 3 years and then sell it.

1.                  Find the expected dividend for each of the next 3 years; in other words, calculate D1, D2 and D3. Note that D0 = $1.75. Round your answers to the nearest cent.

a.      D1 = $


b.      D2 = $ 


c.       D3 = $ 

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