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4. Teder Corporation stock currently sells for $64 per share. The market requires a 10 percent return on the firm's stock. If the company maintains
4. Teder Corporation stock currently sells for $64 per share. The market requires a 10 percent return on the firm's stock. If the company maintains a constant 4.5 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? 5. Antiques R Us is a mature manufacturing firm. The company just paid a $10.46 dividend, but management expects to reduce the payout by 4 percent per year indefinitely. If you require an 11.5 percent return on this stock, what will you pay for a share today
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