Mannix Corporation stock currently sells for $115 per share. The market requires a return of 12 percent on the firm's stock. If the company maintains a constant 7 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? Multiple Choice O $21.92 $5.37 $5.16

Mannix Corporation stock currently sells for $115 per share. The market requires a return of 12 percent on the firm's stock. If the company maintains a constant 7 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? Multiple Choice $21.92 $5.37 $5.16