Problemteder corporation stock currently sells for 30 per, Ask an Expert

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Problem:

Teder Corporation stock currently sells for $30 per share. The market requires a 13.5 percent return on the firm's stock. If the company maintains a constant 8 percent growth rate in dividends, the most recent dividend per share paid on the stock was $ _________.

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Category:- Basic Finance
Reference No.:- M91147224

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