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Hi... I am confused how to answer the below homework given to us.
You invested a large sum of money in the stock of BPI Co. The company paid $3 dividend per share. The dividend is expected to increase 20% per year for the next 3 years. Project the dividends for years 1 through 3.
I am not sure how to answer without the number of shares and the actual amount invested. Please help! Thank you!
You invested a large sum of money in the stock of BPI Co. The company paid $3 dividend per share. The dividend is expected to increase 20% per year for the next 3 years. Project the dividends for years 1 through 3.
I am not sure how to answer without the number of shares and the actual amount invested. Please help! Thank you!