Question
Mannix Corporation stock currently sells for $80 per share. The market requires a return of 13 percent on the firm's stock. If the company maintains
| Mannix Corporation stock currently sells for $80 per share. The market requires a return of 13 percent on the firm's stock. |
| If the company maintains a constant 8 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? |
Multiple Choice
$16.88
$4.00
$3.70
$3.56
$5.85
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Principles Of Financial Management
Authors: Haim Levy, Marshall Sarnat
1st Edition
0137097751, 978-0137097753
