Tubby Corporation stock currently sells for $78 per share. The market requires a 16 percent return on
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Tubby Corporation stock currently sells for $78 per share. The market requires a 16 percent return on the firm’s stock. If the company maintains a constant 7 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780072313000
5th Edition
Authors: Stephen A Ross, Randolph W Westerfield
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