Question: The next dividend payment by Hoffman, Inc., will be $2.80 per share. Th anticipated to maintain a growth rate of 5.25 percent forever. If the

The next dividend payment by Hoffman, Inc., will be $2.80 per share. Th anticipated to maintain a growth rate of 5.25 percent forever. If the stock currently sells for $49.20 per share, what is the required round intermediate calculations and round your answer to 2 decim 32.16.) Book Required return % Hint Print rences

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