4. Problem 9.01 (DPS Calculation)

Weston Corporation just paid a dividend of $2.5 a share (i.e., D₀ = $2.5). The dividend is expected to grow 9% a year for the next 3 years and then at 5% 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 = $ D₂ = $ D₃ = $ D₄ = $ D₅ = $