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A firm's stock has a required return of 12%. The stock's dividend yield is 5%. What dividend did the firm just pay if the

A firm's stock has a required return of 12%. The stock's dividend yield is 5%. What dividend did the firm just pay if the current stock price is $50? A) $2.18 B) $2.34 C) $2.50 D) $2.87 E) $3.60 Answer: B

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