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You've collected the following information from your favorite financial website. 52-Week Price 64.60 145.94 171.13 91.80 113.19 LO 47.80 70.28 139.13 71.96 96.20 Stock (Div)

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You've collected the following information from your favorite financial website. 52-Week Price 64.60 145.94 171.13 91.80 113.19 LO 47.80 70.28 139.13 71.96 96.20 Stock (Div) Abbott 112 Ralph Lauren 2.50 IBM 6.30 Duke Energy 3.56 Disney 1.68 Div Yld % 1.9 1.8 4.3 4.9 1.7 PE Ratio 235.6 70.9 23.8 17.6 15.5 Close Price 62.91 139.71 145.39 74.30 22 Net Chg -05 .62 19 84 10 According to your research, the growth rate in dividends for Duke Energy for the next 5 years will be 4.5 percent. If investors feel this growth rate will continue, what is the required return for the company's stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Required return

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