The next dividend payment by DEF, Inc., will be $1.61 per share. The dividends are anticipated to maintain a growth rate of 6.14 percent forever. If the stock currently sells for $28.45 per share,...

The next dividend payment by DEF, Inc., will be $1.61 per share. The dividends are anticipated to<br>maintain a growth rate of 6.14 percent forever. If the stock currently sells for $28.45 per share, what<br>is the required return (in percent)? Answer to at least three decimals.<br>

Extracted text: The next dividend payment by DEF, Inc., will be $1.61 per share. The dividends are anticipated to maintain a growth rate of 6.14 percent forever. If the stock currently sells for $28.45 per share, what is the required return (in percent)? Answer to at least three decimals.

Jun 08, 2022

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The next dividend payment by DEF, Inc., will be $1.61 per share. The dividends are anticipated to maintain a growth rate of 6.14 percent forever. If the stock currently sells for $28.45 per share,...

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