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The next dividend payment by Hot Wings, Inc., will be $4.53 per share. The dividends are anticipated to maintain a 0.07 growth rate forever. If
The next dividend payment by Hot Wings, Inc., will be $4.53 per share. The dividends are anticipated to maintain a 0.07 growth rate forever. If the stock currently sells for $50 per share, what is the required return? Anser with 4 decimals (e.g. 0.1234)
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