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Teder Corporation stock currently sells for $60 per share. The market requires a 9 percent return on the firm's stock. Required : If the company

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Teder Corporation stock currently sells for $60 per share. The market requires a 9 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? $2.40 $8.45 $4.38 OOOO $2.29 $2.19

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