Michigan co just paid a dividend of 200 per share analysts


Michigan Co. just paid a dividend of $2.00 per share. Analysts expect future dividends to grow at 20% per year for the next four years and then grow at 6% per year thereafter. Calculate the expected dividend in year 5.

$4.15

$2.95

$4.40

$3.81

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Financial Management: Michigan co just paid a dividend of 200 per share analysts
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