Question: homework - Chapter 7 0 Saved The next dividend payment by Hoffman, Inc., will be $2.65 per share. The dividends are anticipated to maintain a

homework - Chapter 7 0 Saved The next dividend payment by Hoffman, Inc., will be $2.65 per share. The dividends are anticipated to maintain a growth rate of 4.5 percent forever. If the stock currently sells for $43.15 per share, what is the required return? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) 0.5 points Required return Print References

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