Question: The next dividend payment by Hot Wings, Inc., will be $2.65 per share. The dividends are anticipated to maintain a 3 percent growth rate forever.
The next dividend payment by Hot Wings, Inc., will be $2.65 per share. The dividends are anticipated to maintain a 3 percent growth rate forever. If the stock currently sells for $42 per share, what is the required return? O 3.00% O 9.31% O 6.31% O 3.31%
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