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Secolo Corporation stock currently sells for $78 per share. The market requires a return of 9.4 percent on the firms stock. If the company maintains

Secolo Corporation stock currently sells for $78 per share. The market requires a return of 9.4 percent on the firms stock. If the company maintains a constant 2.7 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?

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