(71) DPS Calculation Thress Industries just paid a dividend of $1.50 a share (i.e., D0 = $1.50)....
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(7–1)
DPS Calculation Thress Industries just paid a dividend of $1.50 a share (i.e., D0 = $1.50). The dividend is expected to grow 5% a year for the next 3 years and then 10% a year thereafter.
What is the expected dividend per share for each of the next 5 years?
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Related Book For 
Financial Management Theory And Practice
ISBN: 9781439078105
13th Edition
Authors: Eugene F. Brigham, Michael C. Ehrhardt
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