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220 The market price of a stock is $33.36 and it is expected to pay a $2.02 dividend next year. The dividend is expected to

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220 The market price of a stock is $33.36 and it is expected to pay a $2.02 dividend next year. The dividend is expected to grow at 2.03% forever. What is the required rate of return for the stock? Submit Answer format: Percentage Round to: O decimal places (Example: 9% % sign required. Will accept decimal format rounded to 2 decimal places (ex: 0.09))

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