What are the dividends each year for the next four years

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Burton Corp. is growing quickly. Dividends are expected to grow at a rate of 28 percent for the next three years, with the growth rate falling off to a constant 6.4 percent thereafter. The required return is 16 percent and the company just paid a dividend of $2.95.

What are the dividends each year for the next four years? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Year 1 $

Year 2 $

Year 3 $

Year 4 $

What is the share price in three years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Share price in 3 years            $

What is the current share price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Current share price            $

Reference no: EM131998599

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