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Required return on the company stock

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Reference no: EM131238228

Siblings, Inc., is expected to maintain a constant 6 percent growth rate in its dividends, indefinitely. The company has a dividend yield of 7.8 percent.

What is the required return on the company's stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Required return----%

Reference no: EM131238228

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