Question: How can I calculate using excel? (see screenshot) Problem 8-21 Finding the Dividend (L01] Mannix Corporation stock currently sells for $25 per share. The market

 How can I calculate using excel? (see screenshot) Problem 8-21 Finding

How can I calculate using excel? (see screenshot) Problem 8-21 Finding the Dividend (L01] Mannix Corporation stock currently sells for $25 per share. The market requires a return of 10.4 percent on the firm's stock. If the company maintains a constant 3.2 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... 32.16.) Dividend paid per share

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