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Suppose Colgate-Palmolive (CL) is expected to pay 2.18 per year in dividends over the next year, and this is expected to grow at 1.99% per

Suppose Colgate-Palmolive (CL) is expected to pay 2.18 per year in dividends over the next year, and this is expected to grow at 1.99% per year after that. If the current stock price is $67.77 per share, what is CL's required return?

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