Question: The next dividend payment by Dizzle, Inc., will be $3.35 per share. The dividends are anticipated to maintain a growth rate of 2.50 percent, forever.

The next dividend payment by Dizzle, Inc., will be $3.35 per share. The dividends are anticipated to maintain a growth rate of 2.50 percent, forever.

If the stock currently sells for $50.30 per share, what is the required return?

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