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Fow, Inc., just paid a dividend of $2.85 per share on its stock. The dividends...

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Fow, Inc., just paid a dividend of $2.85 per share on its stock. The dividends are expected to grow at a constant rate of 4.5 percent per year, indefinitely. Investors require a return of 10 percent on this stock If you bought the stock today, the dividend you expect to receive in year 1 will be per share (round your answer to 2 decimal places, e.g. 32.16.) Numeric Response

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