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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

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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 a constant 5 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? Multiple Choice $3.19 $1.10 $4.25 $1.20 $1.14

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