What was most recent dividend per share paid on the stock

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Reference no: EM13848287

Mustaine Corporation stock currently sells for $79 per share. The market requires a return of 9.6 percent on the firm’s stock. If the company maintains a constant 2.8 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).)

Reference no: EM13848287

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