Question: Universal Forest's current stock price is $ 1 5 4 . 0 0 and it is likely to pay a $ 5 . 2 3

Universal Forest's current stock price is $154.00 and it is likely to pay a $5.23 dividend next year. Since analysts estimate Universal Forest will have a 13.0 percent growth rate, what is its required return?
Multiple Choice
16.40 percent
15.28 percent
13.62 percent
14.71 percent
 Universal Forest's current stock price is $154.00 and it is likely

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