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Texs teas dividend policy calls for the dividend to be increased each year by the same rate.Last year, the company paid a dividend equal to $2.50 per...

Texs teas dividend policy calls for the dividend to be increased each year by the same rate. Last year, the company paid a dividend equal to $2.50 per share. This year, after the company initiates a 5-for-1 stock spit, Texas ta expets to pay a dividend equal to $0.54 per share, At what rate does texas Tea increase itsdividend each year?

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