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Mannix Corporation stock currently sells for $40 per share. The market requires a return of 13 percent on the firm's stock. If the company maintains

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Mannix Corporation stock currently sells for $40 per share. The market requires a return of 13 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 $2.15 $8.07 $2.40 $2.24 $4.33

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