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Today, you see that Insta Granny Inc. is selling for $57 a share and the firm just paid a dividend on its common stock. This

Today, you see that Insta Granny Inc. is selling for $57 a share and the firm just paid a dividend on its common stock. This stock pays an annual dividend that increases by three percent annually. If the market rate of return on this stock is 16.48%, what is the amount of the dividend per share paid today?

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