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The next dividend payment by Hot Wings, Inc., will be $3.46 per share. The dividends are anticipated to maintain a 0.04 growth rate forever. If

The next dividend payment by Hot Wings, Inc., will be $3.46 per share. The dividends are anticipated to maintain a 0.04 growth rate forever. If the stock currently sells for $49 per share, what is the required return? Answer with 4 decimals (e.g. 0.1234)

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