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#2 Caccamise Company is expected to maintain a constant 3 percent growth rate in its dividends indefinitely. If the company has a dividend yield of
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Caccamise Company is expected to maintain a constant 3 percent growth rate in its dividends indefinitely. If the company has a dividend yield of 4.8 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 % ces Step by Step Solution
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