(Answered) What will Bling Diamonds cash dividend be in seven years

Management Studies

Problem: Four years ago, Bling Diamond, Inc., paid a dividend of $1.95 per share. Bling paid a dividend of $2.37 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 8 percent per year.

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Question: What will Bling Diamonds cash dividend be in seven years? Provide your rationale and any supporting data.

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Business Management, Management Studies

Category:- Business Management
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