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Teder Corporation stock currently sells for $110 per share. The market requires a 12 percent return on the firm's stock. Required : If the company
Teder Corporation stock currently sells for $110 per share. The market requires a 12 percent return on the firm's stock. |
Required : |
If the company maintains a constant 5 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? |
rev: 09_18_2012
$7.04
$7.33
$18.75
$7.70
$9.63
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