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Show all work and use formulas if possible Mannix Corporation stock currently sells for $30 per share. The market requires a return of 12 percent
Show all work and use formulas if possible
Mannix Corporation stock currently sells for $30 per share. The market requires a return of 12 percent on the firm's stock. If the company maintains a constant 6 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? Multiple Choice $1.63 $1.70 $5.46 $3.77 O $1.80Step by Step Solution
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