Question
FIA Industries just paid a dividend of $3.0 a share (i.e.,D 0 = 3.0 ). The dividend is expected to grow 6% a year forever.
FIA Industries just paid a dividend of $3.0 a share (i.e.,D0= 3.0 ). The dividend is expected to grow 6% a year forever. What is the expected dividend per share for year 5 (i.e., D5)? Round your answers to two decimal places.
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Financial and Managerial Accounting
Authors: John J Wild, Ken W. Shaw
8th edition
1260247856, 978-1260247855
