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Matterhorn Corporation stock currently sells for $ 6 4 . 5 8 per share. The market requires a return of 1 0 percent on the

Matterhorn Corporation stock currently sells for $64.58 per share. The market requires a return of 10 percent on the firms stock. If the company maintains a constant 5.75 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?
Note: Do not round intermediate calculaqtions and round your answer to 2 decimal places, e.g.,32.16.

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