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You've collected the following information from your favorite financial website: 5 2 - Week Price: High: 7 7 . 5 0 , 5 5 .

You've collected the following information from your favorite financial website: 52-Week Price: High: 77.50,55.81,130.93,50.24,35.00. LO: 10.44,33.42,69.50,13.95,20.74. Stock (Dividend): Acevedo .37, Georgette, Incorporated 1.54, YBM 2.00, Manta Energy .80, Winter Sports .32. Dividend Yield %: 2.6,3.8,2.2,5.2,1.5. PE Ratio: 6,10,10,6,28. Close Price: 14.00,40.43,88.97,15.43,??. Net Change -.24,-.01,3.07,-.26,.18. According to analysts, the growth rate in dividends for Acevedo for the pervious 10 years has been 3.75 percent. If investors feel this growth rate will continue, what is the required return for the company's stock? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places.

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