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Mannix Corporation stock currently sells for $65 per share. The market requires a return of 9 percent on the firm's stock. If the company maintains
Mannix Corporation stock currently sells for $65 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 0 $2.48 O $2.38 0 $9.15 0 $260 0 $4.58 Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,550 monthly. The contract currently sells for $65,000. a. What is the monthly return on this investment vehicle? b. What is the APR? c. What is the effective annual rate
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