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After a 4 -for-1 stock split, Tyler Company paid a dividend of $0.95 per new share, which represents a 7% increase over last year's pre-split

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After a 4 -for-1 stock split, Tyler Company paid a dividend of $0.95 per new share, which represents a 7% increase over last year's pre-split ividend. What was last year's dividend per share? Round your answer to the nearest cent

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