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DPS Calculation

Thress Industries just paid a dividend of $1.00 a share (i.e., D0 = $1.00). The dividend is expected to grow 5% a year for the next 3 years and then 12% 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 = $  

Financial Management, Finance

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