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Mannix Corporation stock currently sells for $45 per share. The market requires a return of 10 percent on the firm's stock. If the company maintains

Mannix Corporation stock currently sells for $45 per share. The market requires a return of 10 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

$2.06

$4.23

$6.80

$2.25

$2.14

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