Fast-growing company that expects to grow at rate

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Reference no: EM13878557

Fresno Corp. is a fast-growing company that expects to grow at a rate of 23 percent over the next two years and then to slow to a growth rate of 14 percent for the following three years. If the last dividend paid by the company was $2.15.

What is the dividend for 1st year? (Round answer to 3 decimal places, e.g. 15.250.)

What is the dividend for 3rd year? Round answer to 3 decimal places, e.g. 15.250.)

What is the dividend for 4th year? Round answer to 3 decimal places, e.g. 15.250.)

Reference no: EM13878557

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