Weston Corporation just paid a dividend of $2.75 a share (i.e., D0 = $2.75). The dividend is expected to grow 11% a year for the next 3 years and then at 3% 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 = $

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Weston Corporation just paid a dividend of $2.75 a share (i.e., D0 = $2.75). The dividend is expected to grow 11% a year for the next 3 years and then at 3% 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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