Question: The next dividend payment by Dizzle, Inc., will be $2.60 per share. The dividends are anticipated to maintain a growth rate of 6.25 percent, forever.

The next dividend payment by Dizzle, Inc., will be $2.60 per share. The dividends are anticipated to maintain a growth rate of 6.25 percent, forever.

If the stock currently sells for $48.80 per share, what is the required return?

The next dividend payment by Dizzle, Inc., will be $2.60 per share.

Thank you for your help!

The next dividend payment by Dizzle, Inc., will be $2.60 per share. The dividends are anticipated to maintain a growth rate of 6.25 percent, forever. If the stock currently sells for $48.80 per share, what is the required return? (Do not round intermediate calculations and round your answer to 2 decimal places, e,g., 32.16.) Required return

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