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QUESTION

four years ago, Bling Diamond, Inc. paid a dividend of $1.25 per share. Bling paid a dividend of $1.84 per share yesterday.

four years ago, Bling Diamond, Inc. paid a dividend of $1.25 per share. Bling paid a dividend of $1.84 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 Diamonds cash dividend be in seven years

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