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5. Dax Industrial Systems has stock currently priced at $50.00 per share. If investors are earning a 7% return on Dax Industrial, what is the

5. Dax Industrial Systems has stock currently priced at $50.00 per share. If investors are earning a 7% return on Dax Industrial, what is the companys annual dividend payment per share?

Solution: $3.50

Div/ 0.07= $50.00

Annual Dividend = $3.50 per share

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