Chain Reaction, Inc., has been growing at a phenomenal rate…
Chain Reaction, Inc., has been growing at a phenomenal rate of 30 percent per year because of its rapid expansion and explosive sales. You believe that this growth will last for three more years, after which the growth rate will drop to a long-run rate of 10 percent per year indefinitely. The company just paid a dividend of $5 million. What will be the expected total dividends at the end of Year 4 (D4D_4)?