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Given you know for certain that ABC's stock currently sells for $ 8 5 a share and the required rate of return on the stock
Given you know for certain that ABC's stock currently sells for $ a share and the required rate of return on the stock equals In addition, you realize the total return on the stock gets equally divided between capital gains yield and dividend yield. If the company's policy has them maintaining a constant growth rate in dividends, compute the current dividend per share:
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