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Matterhorn Corporation stock currently sells for $ 6 4 . 1 8 per share. The market requires a return of 1 2 percent on the

Matterhorn Corporation stock currently sells for $64.18 per share. The market requires a return of 12 percent on the firm's 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.
Answer is complete but not entirely correct.
Dividend per share
$,4.00
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