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After a 5-for-1 stock split, Strasburg Company paid a dividend of $0.75 per new share, which represents a 9% increase over last year's pre-split dividend.

After a 5-for-1 stock split, Strasburg Company paid a dividend of $0.75 per new share, which

represents a 9% increase over last year's pre-split dividend. What was last year's dividend

per share?

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