What is the value of the growing dividends

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The most recent dividend was $1.88. The expected dividend growth for years 1 to 10 is 16.8% per year. If the cost of equity is 3.3%, what is the value of the growing dividends from year 1 to 10 at time year 0 (in $ to 2 decimal places, 3.24 for $3.24)?

Reference no: EM131453413

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