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ABC Ltd is expected to grow its annual dividend at a constant rate of 3 percent. If the companys next dividend is $3.46 and its

ABC Ltd is expected to grow its annual dividend at a constant rate of 3 percent. If the companys next dividend is $3.46 and its current price is $26.39, what is the annual required rate of return on this share? (As a percentage to two decimal points; don't show the % sign eg 2.875% would be entered as 2.88.)

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