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Zed Plc shares are trading at K50, and the firm has just paid a dividend of K5. Zed plc has seen dividends increase by 4%

Zed Plc shares are trading at K50, and the firm has just paid a dividend of K5. Zed plc has seen dividends increase by 4% per annum over the last 15 years and expects to maintain this growth rate for the foreseeable future. What is the required return for Zed plc?

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