Four years ago, Bling Diamond, Inc., paid a dividend of $1.95 per share. Bling paid a dividend of $2.37 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 8 percent per year.

What will Bling Diamonds cash dividend be in seven years?(Do not round intermediate calculation and round your final answer to 2 decimal places. (e.g., 32.16))