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Mannix Corporation stock currently sells for $90 per share. The market requires a return of 15 percent on the firm's stock. If the company maintains
Mannix Corporation stock currently sells for $90 per share. The market requires a return of 15 percent on the firm's stock. If the company maintains a constant 7 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? Multiple Choice $19.87 $6.73 $6.46 $9.00 $7.20
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