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After a 5 - for - l stock split, Belen Company paid a dividend of $ 2 per new share, which represents a 1 0

After a

5 -

for

-

l stock split, Belen Company paid a dividend of $

2

per new share, which represents a

10 %

increase over last year's pre

-

split dividend. What was last year's dividend per share?

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