Question: The current yield on Dugga Corp. common stock is 3.6 percent. The company just paid a RM1.80 dividend and plans to pay RM1.86 next

The current yield on Dugga Corp. common stock is 3.6 percent. The company just paid a RM1.80 dividend and plans to pay RM1.86 next year. The dividend growth rate is expected to remain constant at the current level. What is the required rate of return on this stock?

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