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FIN 340 Company stock is currently trading for $96.41 per share, anticipates its dividend during the upcoming year will be $3.02 per share, and is

"FIN 340 Company stock is currently trading for $96.41 per share, anticipates its dividend during the upcoming year will be $3.02 per share, and is projecting a sustainable future growth rate of 3.20% per year - what is the required return for this stock?"

6.40%

3.13%

6.53%

6.13%

6.22%

6.33%

3.20%

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