Question

Weston Corporation just paid a dividend of $1.25 a share (i.e., D0 = $1.25). The dividend is expected to grow 11% a year for the next 3 years and then at 4% a year thereafter. What is the expected dividend per share for each of the next 5 years? Do not round intermediate calculations. Round your answers to the nearest cent.

D₁ = $  
D₂ = $  
D₃ = $  
D₄ = $  
D₅ = $  

PLEASE SHOW WORK PLEASE. SHOW HOW IN CALCULATOR OR BASIC MATH STRUCTURE IF POSSIBLE. THANK YOU

Answer 1

D1	(1.25*1.11)=$1.39(Approx).
D2	(1.39*1.11)=$1.54(Approx).
D3	(1.54*1.11)=$1.71(Approx).
D4	(1.71*1.04)=$1.78(Approx).
D5	(1.78*1.04)=$1.85(Approx)