Question: Hello! if you could please answer this using excel, that would be greatly appreciated! Thank you! #24 The market price of a stock is $48.78

Hello! if you could please answer this using excel, that would

Hello! if you could please answer this using excel, that would be greatly appreciated!

Thank you!

#24 The market price of a stock is $48.78 and it is expected to pay a $3.98 dividend next year. The dividend is expected to grow at 4.62% forever. What is the required rate of return for the stock? unanswered Submit not_submitted Attempts Remaining: Infinity Answer format: Percentage Round to: O decimal places (Example: 9%, % sign required. Will accept decimal format rounded to 2 decimal places (ex: 0.09))

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