Question: Explain process please Mitchell, Inc., is expected to maintain a constant 3 percent growth rate in its dividends, indefinitely. If the company has just paid

Explain process please Mitchell, Inc., is expected to maintain a constant

Explain process please

Mitchell, Inc., is expected to maintain a constant 3 percent growth rate in its dividends, indefinitely. If the company has just paid $2.5 dividend and its current price is $72.3, what comes closest to the required return on the company's stock? 7.5% O 5.5% O 8% 0 6.5%

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