Which Olive Drab required rate of return

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Question - Olive Drab Inc.'s common stock currently sells for $25 per share, the expected dividend to be paid at the end of current year is $1.45 per share, and its expected long-term growth rate is 6.5 percent. Which of the following is Olive Drab's required rate of return on retained earnings as per the discounted cash flow (DCF) approach? (Round off the answer to two decimal places.)

Reference no: EM132911330

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