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12. Problem 15.04 (Stock Split) eBook After a 2-for-1 stock split, Tyler Company paid a dividend of $0.55 per new share, which represents a 15%

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12. Problem 15.04 (Stock Split) eBook After a 2-for-1 stock split, Tyler Company paid a dividend of $0.55 per new share, which represents a 15% increase over last year's pre-split dividend. What was last year's dividend per share? Round your answer to the nearest cent. $

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