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Mannix Corporation stock currently sells for $30 per share. The market requires a return of 9 percent on the firm's stock. If the company maintains
Mannix Corporation stock currently sells for $30 per share. The market requires a return of 9 percent on the firm's stock. |
If the company maintains a constant 6 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? |
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$.82
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$4.56
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$2.88
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$.90
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$.85
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