[Solved] The next dividend payment by Brissett, In

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The next dividend payment by Brissett, Inc., will be $2.50 per share. The dividends are anticipated to maintain a growth rate of 4.2 percent forever.

The next dividend payment by Brissett, Inc., will be $2.50 per share. The dividends are anticipated to maintain a growth rate of 4.2 percent forever. If the stock currently sells for $31 per share, what is the required return?

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