Question: Universal Forest's current stock price is $ 6 4 . 0 0 and it is likely to pay a $ 0 . 4 7 dividend
Universal Forest's current stock price is $ and it is likely
to pay a $ dividend next year. Since analysts estimate
Universal Forest will have a growth rate of percent, what
is its required return? Round your answer to decimal
places. Answer is complete but not entirely correct.
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