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#4 Grateful Eight Co. is expected to maintain a constant 37 percent growth rate in its dividends indefinitely. If the company has a dividend yield

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#4 Grateful Eight Co. is expected to maintain a constant 37 percent growth rate in its dividends indefinitely. If the company has a dividend yield of 56 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

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