Four years ago, Bling Diamond, Inc., paid a dividend of $2.45 per share. Bling paid a dividend of $2.87 per share yesterday. Dividends will grow over the next five years at the same rate they grew over the last four years. Thereafter, dividends will grow at 6 percent per year. What will Bling Diamond’s cash dividend be in seven years? (Do not round intermediate calculations and round your final answer to 2 decimal places (e.g., 32.16).) Cash dividend$
Four years ago, Bling Diamond, Inc., paid a dividend of $2.45 per share. Bling paid a dividend of $2.87 per share yesterday. Dividends will grow over the next five years at the same rate they grew over the last four years. Thereafter, dividends will grow at 6 percent per year. What will Bling Diamond’s cash dividend be in seven years? (Do not round intermediate calculations and round your final answer to 2 decimal places (e.g., 32.16).) Cash dividend$
Four years ago, Bling Diamond, Inc., paid a dividend of $2.45 per share. Bling paid a dividend of $2.87 per share yesterday. Dividends will grow over the next five years at the same rate they grew over the last four years. Thereafter, dividends will grow at 6 percent per year. What will Bling Diamond’s cash dividend be in seven years? (Do not round intermediate calculations and round your final answer to 2 decimal places (e.g., 32.16).) Cash dividend$
Four years ago, Bling Diamond, Inc., paid a dividend of $2.45 per share. Bling paid a dividend of $2.87 per share yesterday. Dividends will grow over the next five years at the same rate they grew over the last four years. Thereafter, dividends will grow at 6 percent per year. What will Bling Diamond’s cash dividend be in seven years? (Do not round intermediate calculations and round your final answer to 2 decimal places (e.g., 32.16).) Cash dividend$
