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Suppose you know that a company's stock currently sells for $52 per share and the required return on the stock is 12 percent. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield. If it's the company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Current dividend per share
What amount of total interest expense will the company pay on this note? Prepare the adjusting entry required at December 31,2015
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Which of the following statements about dividend policies is correct?
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