Fia industries just paid a dividend of 30 a share


FIA Industries just paid a dividend of $3.0 a share (i.e., D0 = 3.0 ). The dividend is expected to grow 8% a year forever. What is the expected dividend per share for year 7 (i.e., D 7 )? Round your answers to two decimal places.

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Finance Basics: Fia industries just paid a dividend of 30 a share
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