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A stock is expected to maintain a constant dividend growth rate of 4.8 percent indefinitely. If the stock has a dividend yield of 6.1 percent,

A stock is expected to maintain a constant dividend growth rate of 4.8 percent indefinitely. If the stock has a dividend yield of 6.1 percent, what is the required return on the stock? Multiple Choice

10.3%

9.8%

10.2%

10.9%

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