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Excellence inc:'s annual dividends are shown in the following table: Find the required rate of retum for this stock, assuming the future dividend growth rate

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Excellence inc:'s annual dividends are shown in the following table: Find the required rate of retum for this stock, assuming the future dividend growth rate will remain the same and the company has an infinite horizon. Assume the January 1,2023 price of the stock was \$43.00. What was the required retum for Excellence inc.'s stock? What was the estimated annual required retum for Excellence Inc's stock? I6 (Round to two decimal places.) Data table (Click on the following icon , in order to copy its contents into a spreadsheet)

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