Nike's common shares are currently trading at $57.12. Dividends on this stock are paid annually and are expected to grow at 2% per annum in perpetuity. Shareholders required return on this investment of 3%. The most recent dividend was paid yesterday and the next dividend will be paid in one year. How big was yesterday's dividend?
◦ $0.55
◦ $0.56
◦ $0.57
◦ $0.60
◦ $0.62