Question: 1. Problem 9.01 (DPS Calculation) eBookProblem Walk-Through Weston Corporation just paid a dividend of $3 a share (i.e., D 0 = $3). The dividend is

1. Problem 9.01 (DPS Calculation)

eBookProblem Walk-Through

Weston Corporation just paid a dividend of $3 a share (i.e., D0 = $3). The dividend is expected to grow 12% a year for the next 3 years and then at 5% a year thereafter. What is the expected dividend per share for each of the next 5 years? Do not round intermediate calculations. Round your answers to the nearest cent.

D1 = $ D2 = $ D3 = $ D4 = $ D5 = $

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