Calculate the required return using given data

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Question: The next dividend payment by Wyatt, Inc., will be $2.85 per share. The dividends are anticipated to maintain a growth rate of 5.00 percent, forever.

Required: If the stock currently sells for $49.30 per share, what is the required return? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132017923

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