Home / Questions / The next dividend payment by Halestorm, Inc., will be $1.60 pershare. The dividends are an
The next dividend payment by Halestorm, Inc., will be $1.60 pershare. The dividends are anticipated to maintain a growth rate of 6percent forever. If the stock currently sells for $30 per share,what is the required return? (Do not round intermediatecalculations. Enter your answer as a percent rounded to 2 decimalplaces, e.g., 32.16.)
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