What would be the last dividend that was paid

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Reference no: EM132828330

Common stocks from DEF company sells for $15 a share and pays an annual dividend with annual increment by 3.5%. As an investor, you expect the rate of return from this stock at 10%.

Problem 1: What would be the dividend in the next year?

Problem 2: What would be the last dividend that was paid?

Reference no: EM132828330

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