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Dividend payment 1 answer below » (20 pts) Briley, Inc., is expected to pay equal dividends at the end of the next two years. Thereafter, the dividend will grow at a constant annual rate of 5
percent, forever. The current stock price is $38. What is the next year’s dividend payment if the required rate of return is 10 percent? A time line could help
you understand the timing Jan 10 2014 06:38 PM
