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Question 4 Not yet answered Marked out of 6.00 p Flag question Hoberg Company stock currently sells for 560 per share and the company maintains

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Question 4 Not yet answered Marked out of 6.00 p Flag question Hoberg Company stock currently sells for 560 per share and the company maintains a constant 4 percent growth rate in dividends. If the required rate of return is 12 percent what was the most recent annual dividend per share paid on this stock? (Do not round intermediate calculations and round your answer to 2 decimal places. 12:47

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