What is the dividend expected to be in nine years from today

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A stock is expected to pay annual dividends forever. The first dividend is expected in 1 year and all subsequent annual dividends are expected to grow at a constant rate annually. The dividend expected in 2 years from today is 9.84 dollars and the dividend expected in 12 years from today is expected to be 13.37 dollars. What is the dividend expected to be in 9 years from today?

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Reference no: EM132010340

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