Four years ago bling diamond inc paid a dividend of 295 per, Ask an Expert

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Four years ago, Bling Diamond, Inc., paid a dividend of $2.95 per share. The company paid a dividend of $3.37 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 6 percent per year. What will the company’s cash dividend be in seven years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Calculate the Cash dividend in $

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Financial Management, Finance

Category:- Financial Management
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