Question: value: 145 points Problem 7-2 Stock Values [LO 1 The next dividend payment by Dizzle, Inc., will be $2.65 per share. The dividends are anticipated

value: 145 points Problem 7-2 Stock Values [LO 1 The next

value: 145 points Problem 7-2 Stock Values [LO 1 The next dividend payment by Dizzle, Inc., will be $2.65 per share. The dividends are anticipated to maintain a growth rate of 6.50 percent, forever. If the stock currently sells for $48.90 per share, what is the required return? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Required return [ 7042 %

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