Four years ago bling diamond inc paid a dividend of 235 per, Ask an Expert

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Four years ago, Bling Diamond, Inc., paid a dividend of $2.35 per share. The company paid a dividend of $2.77 per share yesterday. Dividends will grow over the next five years at the same rate they grew over the last four years. Thereafter, dividends will grow at 3 percent per year.

What will the company’s cash dividend be in seven years?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92062486

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