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The next dividend payment by ECY Inc will be $172 per share. The dividends are anticipated to maintain a 4 percent growth rate, forever. ECY

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The next dividend payment by ECY Inc will be $172 per share. The dividends are anticipated to maintain a 4 percent growth rate, forever. ECY stock currently sells for $33 per share What is the required return? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Required return

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