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A stock just paid a dividend of $4.49 and is expected to maintain a constant dividend growth rate of 4.1 percent indefinitely. If the current

A stock just paid a dividend of $4.49 and is expected to maintain a constant dividend growth rate of 4.1 percent indefinitely. If the current stock price is $78, what is the required return on the stock?

9.42%

9.86%

9.36%

10.09%

8.62%

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