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Don't round steps thanks Growth rate = 3.08% Sean's Tutoring just paid a dividend of $3.60, and their common stock is priced at $70.90 per

Don't round steps thanks

Growth rate = 3.08%

Sean's Tutoring just paid a dividend of $3.60, and their common stock is priced at $70.90 per share. Calculate the required return on equity.

R equity = _%

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