Question: please help 2 Check my work 3 ts The next dividend payment by Skippy, Inc., will be $1.60 per share. The dividends are anticipated to

please help please help 2 Check my work 3 ts The next dividend payment

2 Check my work 3 ts The next dividend payment by Skippy, Inc., will be $1.60 per share. The dividends are anticipated to maintain a growth rate of 6 percent, forever. The stock currently sells for $30 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.) eBook Required return 5.33% Hint Print

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