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Teder Corporation stock currently sells for $115 per share. The market requires a 13 percent return on the firm's stock. Required: If the company maintains
Teder Corporation stock currently sells for $115 per share. The market requires a 13 percent return on the firm's stock. Required: If the company maintains a constant 8 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? $5.75 $5.11 $5.32 O $7.54 O $24.23
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