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Question 8 1 pts ABC Corporation stock currently sells for $50.39 per share. The market requires a return of 12.9 percent on the firm's stock.

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Question 8 1 pts ABC Corporation stock currently sells for $50.39 per share. The market requires a return of 12.9 percent on the firm's stock. If the company maintains a constant 4.25 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? Answer to two decimal places

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