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Q6 please state answer and show work, thank you! Question 6 tior 4 pts Lynx Corporation stock currently sells for $50 per share. The market

Q6 please state answer and show work, thank you! image text in transcribed
Question 6 tior 4 pts Lynx Corporation stock currently sells for $50 per share. The market requires a return of 8 percent on the firm's stock. If the company maintains a constant 2 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? Corpor on the als, what diate ca $3.26 It Ans O $2.13 $2.94 anonymou 78,770 ans $3.15 Required O $4.69 0.08-(01/ D1-(0.08-0 $3 Next Hence most

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