Four years ago bling diamond inc paid a dividend of 305 per, Ask an Expert

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Four years ago, Bling Diamond, Inc., paid a dividend of $3.05 per share. Bling paid a dividend of $3.47 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 Bling Diamond’s cash dividend be in seven years?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92856076

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