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FIA Industries just paid a dividend of $ 1.5 a share (i.e., D 0 = 1.5 ). The dividend is expected to grow 11 %

FIA Industries just paid a dividend of $ 1.5 a share (i.e., D0 = 1.5 ). The dividend is expected to grow 11 % a year for the next 3 years and then at 4 % a year thereafter. What is the expected dividend per share for year 4 (i.e., D 4 )? Round your answers to two decimal places.

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