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9. Stock Valuation Magellan Corporation stock currently sells for $ 56.00 per share. The market requires a 12.00% return on the firm's stock. If the

9. Stock Valuation Magellan Corporation stock currently sells for $ 56.00 per share. The market requires a 12.00% return on the firm's stock. If the company maintains a constant 4.00% growth rate in dividends, what was the most recent dividend per share paid on the stock? Points: 10

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