A stock just paid a dividend of $4.17 and is expected to maintain a constant dividend growth rate of 4.5 percent indefinitely. If the current stock price is $70, what is the required return on the stock?
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Home » Business » A stock just paid a dividend of $4.17 and is expected to maintain a constant dividend growth rate of 4.5 percent indefinitely. If the current stock price is $70, what is the required return on the stock?