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Login myBusinessCo Other book value 2.50 points Suppose you know that a company's stock currently sells for $65.90 per share and the required return on

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Login myBusinessCo Other book value 2.50 points Suppose you know that a company's stock currently sells for $65.90 per share and the required return on the stock is 12 stock is evenly divided between capital gains yield and dividend yield percent. You also know that the total return on the If it's the company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Dividend per share 3.18 References eBook & Resources Learn 1 Assess Worksheet ow stock prices depend on dividends and dvidend growthi Section: Valuation Dirficulty: 1 Basic

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