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A stock sells for $21.38 a share and has a required return of 8 percent. Dividends are paid annually and increase at a constant 3.5

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A stock sells for $21.38 a share and has a required return of 8 percent. Dividends are paid annually and increase at a constant 3.5 percent per year. What is the amount of the last dividend paid? O a $0.46 O b. $0.50 Oc. $0.63 O d. $0.93 O e $0.59

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