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Mannix Corporation stock currently sells for $ 5 5 per share. The market requires a return of 1 4 percent on the firm's stock. If

Mannix Corporation stock currently sells for $55 per share. The market requires a return of 14 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?
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