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A share valued at $250.75 pays quarterly dividends in perpetuity at a rate of return of 5.50% compounded semi-annually. Calculate the end-of- quarter dividends. Round

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A share valued at $250.75 pays quarterly dividends in perpetuity at a rate of return of 5.50% compounded semi-annually. Calculate the end-of- quarter dividends. Round to the nearest cent

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