O'Leary, Inc., is expected to maintain a constant 5.2 percent growth rate in its dividend indefinitely. If the company has a dividend yield of 7 percent, what is the required return on the company’s...

O'Leary, Inc., is expected to maintain a constant 5.2 percent growth rate in its dividend indefinitely. If the company has a dividend yield of 7 percent, what is the required return on the company’s stock?(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)


Required return