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Flag question Hoberg Company stock currently sells for $60 per share and the company maintains a constant 4 percent growth rate in dividends. If the
Flag question Hoberg Company stock currently sells for $60 per share and the company maintains a constant 4 percent growth rate in dividends. If the required rate of return is 12 percent what was the most recent annual dividend per share paid on this stock? (Do not round intermediate calculations and round your answer to 2 decimal places, eg. 12.47.)
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