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Business, 31.03.2020 02:37 aprilreneeclaroxob0c

Jumbo Shrimp Oxymorons, Inc. recently paid a dividend of $2.12 per share. The firm expects explosive growth of 20% over the next two years. After that the firm’s managers expect that growth will drop to 14% for the following three years, then settle at 8% indefinitely. If investors require a rate of return of 15.40% on Jumbo’s stock: a. What will be the dividend paid out for the next six years?

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Jumbo Shrimp Oxymorons, Inc. recently paid a dividend of $2.12 per share. The firm expects explosive...
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