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Business & Finance
Tutor: None Selected Time limit: 1 Day

A share of common stock has an expected long-run constant growth rate of 10% and is currently priced at $66 per share. If investors require 15% rate of return, what was the last dividend paid on the stock?

Jul 15th, 2015

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Last dividend paid = $ 3     (Answer)

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Jul 15th, 2015

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