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Keys Inc's stock has a required rate of return of 10%, and it sells for $40 per share. Keys' dividend is expected to grow at
Keys Inc's stock has a required rate of return of 10%, and it sells for $40 per share. Keys' dividend is expected to grow at a constant rate of 7% per year. What was Keys' last dividend, D0? Show your work and/or inputs used on financial calculator.
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