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The next dividend payment by Hot Wings, Inc., will be $2.45 per share. The dividends are anticipated to maintain a 5 percent growth rate forever.
The next dividend payment by Hot Wings, Inc., will be $2.45 per share. The dividends are anticipated to maintain a 5 percent growth rate forever. Required: If the stock currently sells for $45 per share, what is the required return?
multiple Choice:
Multiple Choice
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5.00%
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9.92%
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10.24%
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5.44%
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10.44%
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