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KCP Inc. is expected to maintain a constant 3.9 percent growth rate in its dividends indefinitely. If the company has a dividend yleld of 5.8

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KCP Inc. is expected to maintain a constant 3.9 percent growth rate in its dividends indefinitely. If the company has a dividend yleld of 5.8 percent, what is the required return on the company's stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Do not insert a percentage sign in your answer.) Numeric Response

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