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Problem 7-1 DPS Calculation Thress Industries just paid a dividend of $3.00 a share (i.e., D 0 = $3.00). The dividend is expected to grow
Problem 7-1 DPS Calculation
Thress Industries just paid a dividend of $3.00 a share (i.e., D0 = $3.00). The dividend is expected to grow 4% a year for the next 3 years and then 14% 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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