Thress industries just paid a dividend of 250 a share ie d0, Ask an Expert

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Thress Industries just paid a dividend of $2.50 a share (i.e., D0 = 2.50). The dividend is expected to grow 9% a year for the next 3 years and then at 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.

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