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Check Codner Corporation stock currently sells for $53 per share. The market requires a 8.6% return on the firm's stock. If the company maintains a

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Check Codner Corporation stock currently sells for $53 per share. The market requires a 8.6% return on the firm's stock. If the company maintains a constant 2.3% growth rate in dividends, what was the most recent dividend per share paid on the stock? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.) Dividend paid per share OK

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