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9. The next dividend payment by Keidis, Inc., will be $1.64 per share. The dividends are anticipated to maintain a growth rate of 8 percent

9. The next dividend payment by Keidis, Inc., will be $1.64 per share. The dividends are anticipated to maintain a growth rate of 8 percent forever. If the stock currently sells for $31 per share, what is the required return?

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