Question: Question 3 2 pts A stock is expected to maintain a constant dividend growth rate of 4.8 percent indefinitely. If the stock has a dividend

 Question 3 2 pts A stock is expected to maintain a

Question 3 2 pts A stock is expected to maintain a constant dividend growth rate of 4.8 percent indefinitely. If the stock has a dividend yield of 6.1 percent, what is the required return on the stock? Format your answer to 1 decimal place and into numerical format for submission (i.e. 2.3\% should be submitted as 0.023 )

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