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The next dividend payment by Hot Wings, Inc., will be $3.65 per share. The dividends are anticipated to maintain a 5 percent growth rate forever.

The next dividend payment by Hot Wings, Inc., will be $3.65 per share. The dividends are anticipated to maintain a 5 percent growth rate forever. Required: If the stock currently sells for $46 per share, what is the required return? Multiple Choice 5.00% 12.93% 7.93% 12.68% 12.29%

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