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Youve collected the following information from your favorite financial website. 52-Week Price Stock (Div) Div Yld % PE Ratio Close Price Net Chg Hi Lo

Youve collected the following information from your favorite financial website. 52-Week Price Stock (Div) Div Yld % PE Ratio Close Price Net Chg Hi Lo 64.60 47.80 Abbott 1.12 1.9 235.6 62.91 .05 145.94 70.28 Ralph Lauren 3.25 3.0 70.9 107.71 .62 171.13 139.13 IBM 6.30 4.3 23.8 145.39 .19 91.80 71.96 Duke Energy 3.56 4.9 17.6 74.30 .84 113.19 96.20 Disney 1.68 1.7 15.5 ?? .10 According to your research, the growth rate in dividends for Ralph Lauren for the next 5 years will be 5.75 percent. If investors feel this growth rate will continue, what is the required return for the companys stock?

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