Question: The next dividend payment by DEF, Inc., will be $ 3 . 5 2 per share. The dividends are anticipated to maintain a growth rate

The next dividend payment by DEF, Inc., will be $3.52 per share. The dividends are anticipated to maintain a growth rate of 5.16 percent forever. If the stock currently sells for $36.49 per share, what is the required return (in percent)?
Answer to two decimals
The next dividend payment by DEF, Inc., will be $3.52 per

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