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Damm Corporation stock currently sells for 5 per share. The market requires a return of 11.6 percent on the firm's stock. If the company maintains

Damm Corporation stock currently sells for 5 per share. The market requires a return of 11.6 percent on the firm's stock.

If the company maintains a constant 2 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?

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