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Williams Sonoma stock is currently selling for $56.30. It is expected to pay a dividend of $1.72 at the end of the year. Dividends are

Williams Sonoma stock is currently selling for $56.30. It is expected to pay a dividend of $1.72 at the end of the year. Dividends are expected to grow at a constant rate of 6.4% indefinitely. Compute the required rate of return on Williams Sonoma Corporation stock.

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