Weisbro and sons common stock sells for 34 a share and pays


Weisbro and Sons common stock sells for $34 a share and pays an annual dividend that increases by 3.0 percent annually. The market rate of return on this stock is 10.70 percent. What is the amount of the last dividend paid by Weisbro and Sons?

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Financial Management: Weisbro and sons common stock sells for 34 a share and pays
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