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The last dividend paid by Johnson Company was s2.00. Johnson's growth rate is expected to be a constant 10 percent for 2 years, after which dividends are expected to grow at a rate of 6 percent forever. What is the expected dividend in third year? A) 2.00 B) 2.46 C) 2.57 D) $2.60 E)2.83

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Financial Management, Finance

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