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Problem 7-01 DPS Calculation Thress Industries just paid a dividend of $1.50 a share (i.e., D0 = $1.50). The dividend is expected to grow 6%
Problem 7-01
DPS Calculation
Thress Industries just paid a dividend of $1.50 a share (i.e., D0 = $1.50). The dividend is expected to grow 6% a year for the next 3 years and then 10% a year thereafter. What is the expected dividend per share for each of the next 5 years? Round your answers to the nearest cent.
D1 = $___
D2 = $___
D3 = $___
D4 = $___
D5 = $___
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