Mannix corporation stock currently sells for $50 per share. the market requires a return of 8 percent on the firm’s stock. if the company maintains a constant 2 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.)

DDM= D*(1+G)/R-G

50= D*(1.02)/0.06

50*0.06/1.02= D

D=$2.94

Explanation:

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the most important factor in the

work process or industry is to retain the interest of the employee. and to

retain them, their salary or profit must be adjusted to the best value. unless

the employee does not do his job properly, employees must receive bonuses or

benefits to ensure them to stay in the company. it will actually make them stay

longer, make them feel important and reduce costs for hiring new employees.

explanation:

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