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Homework: HW 8 (Based on Chapter 9) 2 of 10 (2 complete) Score: 0 of 1 pt Warm-Up 9-3 (similar to) Duke Energy has been

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Homework: HW 8 (Based on Chapter 9) 2 of 10 (2 complete) Score: 0 of 1 pt Warm-Up 9-3 (similar to) Duke Energy has been paying dividends steadily for 20 years. During that time, dividends have grown at a compound annual rate of 4%. If Duke Energy's curren The required retum on Duke's common stock is 13% (Round to two decimal places.) Chapter 9) HW Score: 1.43%, 0.14 of 10 pts 2 of 10/2 complete v Question the time dividends have grown at a compound annual rate of 4%. Duke Energy's current stock price is $78 and the fem plans to pay a dividend of 98 99 next year, what is the required retum on Duke's common stock? two decal places)

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