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A firm's stock has a required return of 1 0 % . The stock's dividend yield is 6 % . What dividend did the firm

A firm's stock has a required return of 10%. The stock's dividend yield is 6%. What dividend did the firm just pay if the current stock price is $40?
Multiple Choice
$2.50
$2.31
$2.87
$3.60
$2.18

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