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Bechtel machinery stock currently sells for 65 per share

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Bechtel Machinery stock currently sells for $65 per share. The market requires a 14 percent return on the firm's stock. The company maintains a constant 8 percent growth rate in dividends. What was the most recent annual dividend per share paid on this stock?

Reference no: EM13623327

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Bechtel machinery stock currently sells for 65 per share : bechtel machinery stock currently sells for 65 per share. the market requires a 14 percent return on the firms stock.
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