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leannamat2106
10.03.2020 •
Business
Dropshot Corporation stock currently sells for $64.53 per share. The market requires a return of 8 percent on the firm’s stock. If the company maintains a constant 5.5 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?
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Ответ:
D=$1.52914
The most recent dividend per share paid on the stock is $1.52914.
Explanation:
Formula we are going to use is:
Where:
P is the current selling price
D is he recent dividend per share
g is the growth rate
r is the rate of return
Above formula will become:
D=$1.52914
The most recent dividend per share paid on the stock is $1.52914.
Ответ:
sorry I can't answer
Step-by-step explanation:
pls thanks me