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1. Thress Industries just paid a dividend of $3.25 a share (i.e., D 0 = $3.25). The dividend is expected to grow 5% a year
1. Thress Industries just paid a dividend of $3.25 a share (i.e., D0 = $3.25). The dividend is expected to grow 5% a year for the next 3 years and then 12% a year thereafter. What is the expected dividend per share for each of the next 5 years? Do not round intermediate calculations. Round your answers to the nearest cent.
D1 = D)2 = D3 D4 = D5 =\fStep by Step Solution
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