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The current share price on Alpha's ordinary equity is 40.83. The company has just paid a 2.10 dividend and the rumor is that the dividend

The current share price on Alpha's ordinary equity is 40.83. The company has just paid a 2.10 dividend and the rumor is that the dividend will be 2.205 next year. The dividend growth rate is expected to remain constant into perpetuity. What is the required rate of return on Alpha's equity?

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