Question: Please use Excel to answer the following question: The common stock of Plyler Enterprises currently sells for $113.75 a share and pays an annual dividend

Please use Excel to answer the following question:

The common stock of Plyler Enterprises currently sells for $113.75 a share and pays an annual dividend that increases by 5% annually. If
the market rate of return on this stock is 14.6%, what was the amount of the last dividend paid per share?

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