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Required return on? duke common? stock

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Duke Energy has been paying dividends steadily for 20 years. During that? time, dividends have grown at a compound annual rate of 6?%. If Duke? Energy's current stock price is ?$80 and the firm plans to pay a dividend of ?$7.40 next? year, what is the required return on? Duke's common? stock?

Reference no: EM132722416

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