Mannix Corporation stock currently sells for $80 per share. The market requires a return of 8 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 $2.19 $10.45 $4.38 $2.29 $2.40

Mannix Corporation stock currently sells for $80 per share. The market requires a return of 8 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 $2.19 $10.45 $4.38 $2.29 $2,40