The dividend is expected to grow at a rate of 45 per year


The most recent dividend paid (assume it was paid just yesterday) for Vodafone was $1.30 per share. The dividend is expected to grow at a rate of 4.5% per year indefinitely. What will the dividend be in 3 years if it grows at this constant rate? You should round your answer to 4 decimal places.

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Financial Management: The dividend is expected to grow at a rate of 45 per year
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