Question: Suppose Colgate - Palmolive ( CL ) is expected to pay $ 1 . 8 8 per year in dividends over the next year, and

Suppose Colgate-Palmolive (CL) is expected to pay $1.88 per year in dividends over the next year, and this is expected to grow at 1.81% per year after that. If the current stock price is $58.75 per share, what is CL's required return?

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