Question: Help me the answer please! Quantitative Problem: After a 4-for-1 stock split, Perry Enterprises paid a dividend of $1.50 per new share, which represents a
Help me the answer please!

Quantitative Problem: After a 4-for-1 stock split, Perry Enterprises paid a dividend of $1.50 per new share, which represents a 8% increase over last year's pre-split dividend, what was last year dividend per share? Round your answer to the nearest cent
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