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Business, 08.04.2021 18:10 tjk0709

The current stock price of Company A is $57 per share. We know that the company is maintaining a constant dividend growth rate of 4.75%. In addition, shareholders require a 11% return on the stock of Company A. Please calculate the most recent dividend paid to each share of the stock (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

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