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Gontier Corporation stock currently sells for $6508 per share The market requires a return of 10 percent on the firms stock If the company maintains a constant 45 percent growth rate in divide

Gontier Corporation stock currently sells for $65.08 per share. The market requires a return of 10 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? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)    Dividend per share 

Apr 04 2020 View more View Less

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