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2 The next dividend payment by Skippy. Inc., will be $156 per share. The dividends are anticipated to maintain a growth rate of 4 percent,

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2 The next dividend payment by Skippy. Inc., will be $156 per share. The dividends are anticipated to maintain a growth rate of 4 percent, forever. The stock currently sells for $29 per share. What is the required return? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) 125 points 8 02:3434 Required return TI E % eBook

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