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A stock just paid a dividend of $ 4 . 6 5 and is expected to maintain a constant dividend growth rate of 4 .

A stock just paid a dividend of $4.65 and is expected to maintain a constant dividend growth rate of 4.7 percent indefinitely. If the current stock price is $82, what is the required return on the stock?
Multiple Choice
9.07%
9.85%
10.37%
10.64%
9.93%

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