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A share of common stock has an expected longrun constant growth rate of 10 percent and is currently priced at$66 per share. If investors require15%

A share of common stock has an expected longrun constant growth rate of 10 percent and is currently priced at$66 per share. If investors require15% rate ofreturn, what was the last dividend paid on thestock?

A.

$6.15

B.

$3.00

C.

$3.30

D.

$1.95

E.

$2.20

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