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EverGreen Common stock sells for $ 2 4 a share and pays an annual dividend that increases by 5 percent annually. The market rate of

EverGreen Common stock sells for $24 a share and pays an annual dividend that increases by 5 percent annually. The market rate of return on this stock is 11 percent. What is the amount of the last dividend paid by EverGreen?
$1.37
$4.37
$3.37
$2.37
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