# Thress Industries just paid a dividend of $3.75 a share (i.e., D0 =$3.75). The dividend...

###### Question:

Thress Industries just paid a dividend of $3.75 a share (i.e., D0 =$3.75). The dividend is expected to grow 9% a year for the next 3 years and then 15% a year thereafter. What is the expected dividend per share for each of the next 5 years? Round your answers to the nearest cent.

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