What is current required return for bailey clothiers stock

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Question - Given that the stock price is $42.00, last dividend was $3.50 (D0), the risk premium is 6% or .06 and the formula for price is P = ((D0)(1 + g)) / (Required Return less risk premium) what is the current required return for Bailey Clothiers' stock given the following?

Reference no: EM133137753

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