Help Solve using EXCEL Matterhorn Corporation stock currently sells for $$75$ per share. The market requires a

return of $8\mathrm{.}8$ percent on the firm's stock. If the company maintains a constant $2\mathrm{.}4$ percent

growth rate in dividends, what was the most recent dividend per share paid on the

stock? $($Do not round intermediate calculations and round your answer to $2$ decimal

places, e$.$g$.,32\mathrm{.}16.)$

Answer is complete but not entirely correct.