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Double Steel Industries ( M ) Sdn Bhd common share paid a dividend of RM 3 . 3 5 per share last year. The company

Double Steel Industries (M) Sdn Bhd common share paid a dividend of RM3.35 per share last year. The company anticipates that its earnings and dividends to grow at a rate of 2.5 percent per year for the foreseeable future. Based on the information, calculate The required rate of return if the price per common share is RM18.85.

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