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1) The common stock of the Chihiro Co. is currently selling for $124.83/ share. The company currently pays a dividend and investors expect Chihiro's dividend
1) The common stock of the Chihiro Co. is currently selling for $124.83/ share. The company currently pays a dividend and investors expect Chihiro's dividend to grow at a constant rate =7% per year. And given the perceived risk of the company, investors require a minimum annual average return on the stock =10% year. What was the most recent dividend per share, to the nearest penny, paid by Chihiro (i.e., what was D0 )
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