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Thress Industries just paid a dividend of $3.00 a share (i.e., D 0 = $3.00). The dividend is expected to grow 9% a year for
Thress Industries just paid a dividend of $3.00 a share (i.e., D0 = $3.00). The dividend is expected to grow 9% a year for the next 3 years and then 13% a year thereafter. What is the expected dividend per share for each of the next 5 years? Round your answers to the nearest cent.
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