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If the dividend in year 0 is $1.20 and the growth rate is 3%, then the dividend in Year 7 is equal to:

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If the dividend in year 0 is $1.20 and the growth rate is 3%, then the dividend in Year 7 is equal to;$1.20 X (1.03)5.;$1.20 X (1.03)6.;$1.20 X (1.03)7.;$1.20 X (1.03)8.

 

Paper#30521 | Written in 18-Jul-2015

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