Question: Sinclair Inc. will pay a $4.4 dividend next year. The company's dividends are expected to grow by 5% per year in perpetuity. Sinclair's current stock

Sinclair Inc. will pay a $4.4 dividend next year. The company's

Sinclair Inc. will pay a $4.4 dividend next year. The company's dividends are expected to grow by 5% per year in perpetuity. Sinclair's current stock price is $60 per share. What is the required return demanded by investors (or equity cost of capital) for Sinclair? 7.33% None of the given choices 5.00% 12.33%

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