Lamey headstones increases its annual dividend by 15


Lamey Headstones increases its annual dividend by 1.5 percent annually. The stock sells for $29.65 a share at a required return of 14 percent. What is the amount of the last dividend this company paid?

$3.50

$3.60

$3.70

$3.55

$3.65

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Financial Management: Lamey headstones increases its annual dividend by 15
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