A broker offers to sell you shares of bay area healthcare, Financial Management

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A broker offers to sell you shares of bay area healthcare

A broker offers to sell you shares of Bay Area Healthcare, which just paid a dividend of $2 per share.

The dividend is expected to grow at a constant rate of 5 percent per year. The stock's required rate of return is 12 percent.

a. What is the expected dollar dividend over the next three years?

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Financial Management: A broker offers to sell you shares of bay area healthcare

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Financial Management: A broker offers to sell you shares of bay area healthcare

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