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Caccamise, Incorporated, is expected to maintain a constant 6 . 6 percent growth rate in its dividend indefinitely. If the company has a dividend yield

Caccamise, Incorporated, is expected to maintain a constant 6.6 percent growth rate in its dividend indefinitely. If the company has a dividend yield of 8.4 percent, what is the required return on the company's 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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