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Mannix Corporation stock currently sells for $50 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 $50 per share. The market requires a return of 9 percent on the firm's stock. If the company maintains a constant 4 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? Multiple Choice $6.54 $2.31 $2.40 $4.50 $2.50

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