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The next dividend payment (one year from now) by Skippy, Inc., will be $1.52 per share. The dividends are anticipated to maintain a growth rate

The next dividend payment (one year from now) by Skippy, Inc., will be $1.52 per share. The dividends are anticipated to maintain a growth rate of 6 percent, forever. The stock currently sells for $28 per share. What is the required return

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