Question $27$

A stock currently sells for $$43.$ The dividend yield is $3\mathrm{.}2$ percent and the dividend growth rate is $4\mathrm{.}5$ percent. What is the

amount of the dividend that was just paid?

$$1\mathrm{.}15$

$$1\mathrm{.}32$

$$1\mathrm{.}25$

$$1\mathrm{.}38$

$$1\mathrm{.}24$