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The next dividend payment by Blue Cheese, Inc., will be $1.80 per share. The dividends are anticipated to maintain a growth rate of 5 percent
The next dividend payment by Blue Cheese, Inc., will be $1.80 per share. The dividends are anticipated to maintain a growth rate of 5 percent forever. If the stock currently sells for $35 per share, what is the required return? (Round your answer to 2 decimal places. (e.g., 32.16)) SHOW YOUR WORK |
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