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Today, you see that Hickory Dickory Inc. just paid a dividend on its common stock and the stock is selling for $75 a share.This stock

Today, you see that Hickory Dickory Inc. just paid a dividend on its common stock and the stock is selling for $75 a share.This stock pays an annual dividend that increases by 2% annually.What is the amount of the dividend per share paid today if the market rate of return on this stock is 18.64 percent?

Points:1

$12.00
$12.24
$12.48
$12.73

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