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The next dividend payment by Hot Wings, Inc., will be $4.65 per share. The dividends are anticipated to maintain a 5 percent growth rate forever.

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The next dividend payment by Hot Wings, Inc., will be $4.65 per share. The dividends are anticipated to maintain a 5 percent growth rate forever. Required: If the stock currently sells for $48 per share, what is the required return? 14.69% 14.39% 5.00% 13.95% 9.69%

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