What is the required return on the companys stock

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Raffalovich, Inc., is expected to maintain a constant 5.6 percent growth rate in its dividends, indefinitely.

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If the company has a dividend yield of 4.1 percent, what is the required return on the company’s stock? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16))

Reference no: EM13730650

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