Question: Problem 7-01 DPS Calculation Thress Industries just paid a dividend of $1.50 a share (i.e., D0 = $1.50). The dividend is expected to grow 6%

Problem 7-01

DPS Calculation

Thress Industries just paid a dividend of $1.50 a share (i.e., D0 = $1.50). The dividend is expected to grow 6% a year for the next 3 years and then 10% a year thereafter. What is the expected dividend per share for each of the next 5 years? Round your answers to the nearest cent.

D1 = $___

D2 = $___

D3 = $___

D4 = $___

D5 = $___

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