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Caccamise Company is expected to maintain a constant 6 . 1 5 percent growth rate in its dividends, indefinitely. If the company has a dividend

Caccamise Company is expected to maintain a constant 6.15 percent growth rate in its dividends, indefinitely. If the company has a dividend yield of 4.65 percent, what is the required return on the companys stock?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.

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