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Goode Inc.'s stock has a required rate of return of 11.50%, and it sells for $26.00 per share. Goode's dividend is expected to grow at
Goode Inc.'s stock has a required rate of return of 11.50%, and it sells for $26.00 per share. Goode's dividend is expected to grow at a constant rate of 7.00%. What was the last dividend, D0?
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$0.83
$1.37
$1.27
$1.09
$0.90
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