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Glenhill Co. is expected to maintain a constant 4.0 percent growth rate in its dividends indefinitely. If the company has a dividend yield of 5.8

Glenhill Co. is expected to maintain a constant 4.0 percent growth rate in its dividends indefinitely. If the company has a dividend yield of 5.8 percent, what is the required return on the company's stock?(Round the final answer to 2 decimal places.)

Required return %

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