Four years ago, Bling Diamond, Inc., paid a dividend of $2.85 per share. The company paid a dividend of $3.27 per share yesterday. Dividends will grow over the next five years at the same rate they grew over the last four years. Thereafter, dividends will grow at 4 percent per year.

What will the companys cash dividend be in seven years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)