Question
Mannix Corporation stock currently sells for $85 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 $85 per share. The market requires a return of 13 percent on the firm's stock. |
| If the company maintains a constant 6 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? |
Multiple Choice
$5.95
$16.21
$5.61
$5.39
$7.84
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Essentials Of Corporate Finance
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan
9th International Edition
1259254801, 9781259254802
