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Business, 29.10.2019 06:31 bellad0124outlookcom

Mannix corporation stock currently sells for $50 per share. the market requires a return of 8 percent on the firm’s stock. if the company maintains a constant 2 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

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