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Glenhill Co . is expected to maintain a constant 5 . 6 % growth rate in its dividends indefinitely. If the company has a dividend

Glenhill Co. is expected to maintain a constant 5.6% growth rate in its dividends indefinitely. If the company has a dividend yield of 7.4%, what is the required return on the company's stock? (Round the final answer to 2 decimal places.)
Required return
%
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