Three Mile Industries just paid a dividend of $3.00 (i.e., D 0 = $3.00). The dividend is
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Question:
Three Mile Industries just paid a dividend of $3.00 (i.e., D0 = $3.00). The dividend is expected to grow at 12% for the next two years, 10% for the following two years and 7% thereafter. What is the expected dividend per share for each of the next 4 years?
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