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A stock currently sells for $52. The dividend yield is 3 percent and the dividend growth rate is 4.3 percent. What is the amount of

A stock currently sells for $52. The dividend yield is 3 percent and the dividend growth rate is 4.3 percent. What is the amount of the dividend that was just paid?

a.$1.42

b.$1.50

c.$1.56

d.$1.31

e.$1.40

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