Projecting Dividends


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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!
 
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Thanks so much @accounting nerd! Appreciate it! :)

I have another question on this thread... maybe you can help?

Accountant Forums > Students > Exams and Studying > Homework help!
 

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