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If the required rate of return for this company is 14

Hatstand and Bandstand Inc. stock is selling for $38. The company has been maintaining a constant growth rate of dividends of 5 percent. If the required rate of return for this company is 14 percent, what was the most recent dividend paid by the company?

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Finance Basics: If the required rate of return for this company is 14

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Finance Basics: If the required rate of return for this company is 14

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