GeauxCorey2699 GeauxCorey2699
  • 06-02-2024
  • Business
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Four years ago, Bling Diamond, Incorporated, paid a dividend of $3.35 per share. The company paid a dividend of $3.77 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 4 percent per year. What will the company's cash dividend be in seven years?

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