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Suppose you know that a company's stock currently sells for $52 per share and the required return on the stock Is 12 percent. You also
Suppose you know that a company's stock currently sells for $52 per share and the required return on the stock Is 12 percent. You also know that the total return on the stock is evenly divided between a capital gains yleld and a dividend yleld. If it's the company's policy to always malntain a constant growth rate In its dividends, what is the current dividend per share? (Do not round Intermediate calculations and round your answer to 2 declmal places, e.g., 32.16.) Current dividend per share
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