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Mannix Corporation stock currently sells for $105 per share. The market requires a return of 12 percent on the firm's stock. If the company maintains
Mannix Corporation stock currently sells for $105 per share. The market requires a return of 12 percent on the firm's stock. If the company maintains a constant 4 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? Multiple Choice $8.40 $10.40 $8.08 O $16.84 $7.75
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