The required returns this stock is 15 amp the stock, Ask an Expert

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problem: Janicek Corp. is growing rapidly. Dividends are expected to grow at 35% per year during next three years, 21% over the following year, & then 7% per year indefinitely. The required returns this stock is 15%, & the stock currently sells for dollar 70 per share. The projected dividend for the coming year is $______. [Give your answer to two decimal places]

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