Answer the Situation correctly show your Solution.(Also show the formulas that used)
As a new trader , you bought a common stock , 35 shares of Globe Telecom Inc ( GTI), at Php 265 per share. You heard from some investors that being a utility company , GTI is estimated to be growing in value by 2% every year . Hence , you expect to receive dividends which also grow at 2% each year. What is the value of you GTI stocks? If Php 10.10 was paid as dividend today, find the amount of dividend you are expecting to receive in the next five years .
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