Four years ago, Bling Diamond, Inc., paid a dividend of $ 1 . 2 4 per share.
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Question:
Four years ago, Bling Diamond, Inc., paid a dividend of $ per share. The firm paid a dividend of $ 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 percent per year. What will the firms cash dividend be in seven years?
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