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Stock Values The next dividend payment of Hoffman, Inc. will be $2.95 per share. The dividends are anticipated to maintain a growth rate of 4.1

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Stock Values The next dividend payment of Hoffman, Inc. will be $2.95 per share. The dividends are anticipated to maintain a growth rate of 4.1 percent forever. If the stock currently sells for $40.25 per share, what is the required return? Please show your work: Return = (Dividend/Price per share) + Growth Return = Return =

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