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Mitchell, Inc., is expected to maintain a constant 5.3 percent growth rate in its dividends, indefinitely. If the company has a dividend yield of 3.8
Mitchell, Inc., is expected to maintain a constant 5.3 percent growth rate in its dividends, indefinitely. If the company has a dividend yield of 3.8 percent, what is the required return on the companys stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Required return %
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