What is expected dividend per share

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Thress Industries just paid a dividend of $1.00 a share (i.e., D0 = $1.00). The dividend is expected to grow 8% a year for the next 3 years and then 15% a year thereafter. What is the expected dividend per share for each of the next 5 years? Round your answers to the nearest cent.

Reference no: EM132018548

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