If the company maintains a constant 575 percent growth rate


Gontier Corporation stock currently sells for $64.78 per share. The market requires a return of 8 percent on the firm's stock.

Required:

If the company maintains a constant 5.75 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?

 

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Finance Basics: If the company maintains a constant 575 percent growth rate
Reference No:- TGS0605937

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