Feeback corporation stock currently sells for 32 per share


Feeback Corporation stock currently sells for $32 per share. The market requires a return of 11.8 percent on the firm's stock. If the company maintains a constant 3.9 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?

what is the dividend per share ?

 

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Finance Basics: Feeback corporation stock currently sells for 32 per share
Reference No:- TGS0618402

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