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Problem 8-5 Stock Valuation (LO1) Glenhill Co. is expected to maintain a constant 6.0% growth rate in its dividends indefinitely. If the company has a

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Problem 8-5 Stock Valuation (LO1) Glenhill Co. is expected to maintain a constant 6.0% growth rate in its dividends indefinitely. If the company has a dividend yield of 7.8%, what is the required return on the company's stock? (Round the final answer to 2 decimal places.) Required return %

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