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A share that can be purchased for $1,561.70 will pay a quarterly dividend in perpetuity at the rate of 6.3% compounded quarterly of the purchase
A share that can be purchased for $1,561.70 will pay a quarterly dividend in perpetuity at the rate of 6.3% compounded quarterly of the purchase price. Calculate the end-of-quarter dividends.
Round to the nearest cen
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