Question: NNE Company declared a 5-for-3 stock split last year, and this year its dividend is $3 per share. This total dividend payout represents a 5%

NNE Company declared a 5-for-3 stock split last year, and this year its dividend is $3 per share. This total dividend payout represents a 5% increase over last year's pre-split total dividend payout. What was last year's dividend per share?

Select one:

a. $4.101b. $5.443c. $5.221d. $4.762e. $3.751

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