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Juan's company has a stock that sells for $ 7 0 per share. The market requires a return of 8 percent on the firm's stock.

Juan's company has a stock that sells for $70 per share. The market requires a return of 8 percent on the firm's stock. If the company maintains a constant 5% growth rate in dividends, what was the most recent dividend per share paid on the stock. Choices: a.1.92 b.$2.10 c.$9.15 d.$4.08 e.$2.00

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