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PLEASE SHOW ALL WORK FOR A THUMBS UP REVIEW 4. Masetti Company's stock has a required rate of return of 11.50%, and it sells for

PLEASE SHOW ALL WORK FOR A THUMBS UP REVIEW

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4. Masetti Company's stock has a required rate of return of 11.50%, and it sells for $25.00 per share. Masetti Company's dividend is expected to grow at a constant rate of 7.00%. What was the last dividend paid by the Company? (2 points). For this problem, not only you should show your work, you are required to explain your approach in writing as well

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