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Business, 07.03.2020 03:46 robert7248

Teder Corporation stock currently sells for $80 per share. The market requires a 13 percent return on the firm's stock.

Required :

If the company maintains a constant 7 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?

a.$6.67

b.$16.07

c.$4.31

d.$4.80

e.$4.49

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Answers: 2

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