Question: 5. 11. 1.45 points Problem 7-2 Stock values [LO 11 The next dividend payment by Dizzle, Inc., will be $3.05 per share. The dividends are

5. 5. 11. 1.45 points Problem 7-2 Stock values [LO 11 The next

11. dividend payment by Dizzle, Inc., will be $3.05 per share. The dividends

1.45 points Problem 7-2 Stock values [LO 11 The next dividend payment by Dizzle, Inc., will be $3.05 per share. The dividends are anticipated to maintain a growth rate of 4.00 percent, forever. If the stock currently sells for $49.70 per share, what is the required return? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Required return

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