Question: Problem 9-5 Stock Valuation Change, Inc., is expected to maintain a constant 3.4 percent growth rate in its dividends, indefinitely. The company has a dividend

Problem 9-5 Stock Valuation Change, Inc., is expected to maintain a constant 3.4 percent growth rate in its dividends, indefinitely. The company has a dividend yield of 5.2 percent What is the required return on the company's stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) ok nces Required return

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