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Cadio Berhad is expected to pay RM1.75 per share in dividends at the end of the next 12 months. The growth rate in dividends is

Cadio Berhad is expected to pay RM1.75 per share in dividends at the end of the next 12 months. The growth rate in dividends is expected to be constant at 6.8% per year. If the common stock is selling for RM65 per share, calculate the required rate of return of this stock. Give the calculation path.

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