Question: QUESTION 26 Shocking Co, is expected to maintain a constant 7 percent growth rate in its dividends, indefinitely. If the company has a dividend yield

QUESTION 26 Shocking Co, is expected to maintain a constant 7 percent growth rate in its dividends, indefinitely. If the company has a dividend yield of 4.2 percent, what is the required return on the power company's stock? Round your answer to the nearest basis point, or hundredth of percent (NOTE: enter your answer as percent without the percentage sign. For example for 5.45%, enter 545)

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