Feeback corporation stock currently sells for 64 per share


Feeback Corporation stock currently sells for $64 per share. The market requires a return of 11 percent on the firm's stock. If the company maintains a constant 4.5 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?

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Finance Basics: Feeback corporation stock currently sells for 64 per share
Reference No:- TGS0618573

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