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You checked Google Finance and see that today Boomer Inc. common stock is selling for $53 a share. This stock pays an annual dividend that

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You checked Google Finance and see that today Boomer Inc. common stock is selling for $53 a share. This stock pays an annual dividend that increases by 2 percent annually. If the market rate of return on this stock is 12%, what is the amount of the last dividend paid? $6.36 $6.23 $6.11 $5.30 $5.20

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