Question: The next dividend payment by Im, Incorporated, 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 Im, Incorporated, 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

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