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DPS Calculation Thress Industries just paid a dividend of $3.00 a share (i.e., D0 = $3.00). The dividend is expected to grow 9% a year

DPS Calculation Thress Industries just paid a dividend of $3.00 a share (i.e., D0 = $3.00). The dividend is expected to grow 9% a year for the next 3 years and then 15% a year thereafter. What is the expected dividend per share for each of the next 5 years? Round your answers to the nearest cent.

  1. D1 = $
  2. D2 = $
  3. D3 = $
  4. D4 = $
  5. D5 = $

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