Question: Excel Formula? The next dividend payment by Im , Inc., will be $ 1 . 8 7 per share. The dividends are anticipated to maintain

Excel Formula? The next dividend payment by Im, Inc., will be $1.87 per share. The dividends are
anticipated to maintain a growth rate of 4.3 percent forever. If the stock currently sells for
$37 per share, what is the required return?
Input area:
(Use cells A6 to B8 from the given information to complete this question.)
Output area:
Required return
Excel Formula? The next dividend payment by Im, Inc., will be

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