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Mobray Corp. has just paid a dividend and the company is experiencing rapid growth. Dividends are expected to grow at 25 percent per year during

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Mobray Corp. has just paid a dividend and the company is experiencing rapid growth. Dividends are expected to grow at 25 percent per year during the next two years, and then 6 percent per year indefinitely. The required return on this stock is 10 percent. What is the dividend that was just paid if the stock price today is $40? 0.94 01.09 3.22 O 2.1

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