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Apple stock is currently selling for $ 4 5 . 0 0 per share. The stock has a constant growth rate of 3 . 0

Apple stock is currently selling for $45.00 per share. The stock has a constant growth rate of 3.00%. The risk free rate is 1.75% and inflation premium is 2.0%. The stocks required rate of return is 7.0%. What was the last dividend, D0?(Round to two decimals)
$2.08
$1.75
$1.06
$0.85
$1.02
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