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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 $85 a share and the required rate of return on the stock equals 12.4%. 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:
D1=$10.54
D1=$4.25
D1=$5.27
D1=$12.57
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