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Fauver Enterprises declared a 3-for-1 stock split last year, and this year its dividend is $1.90 per share. This total dividend payout, represents a 15

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Fauver Enterprises declared a 3-for-1 stock split last year, and this year its dividend is $1.90 per share. This total dividend payout, represents a 15 Increase over last year's pre- split total dividend palaut. What was last year's dividend per share? Round your answer to the nearest cent 5

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