Question: The next dividend payment by Hot Wings, Inc., will be $3.35 per share. The dividends are anticipated to maintain a 4 percent growth rate forever.

The next dividend payment by Hot Wings, Inc., will be $3.35 per share. The dividends are anticipated to maintain a 4 percent growth rate forever. Required: If the stock currently sells for $41 per share, what is the required return? 11.56% 8.17% 11.93% 4.00% O 12.07%

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