Required Rate of Return

Kennan Co. is exepected to maintain a constant 4.8% growth rate in its dividends indefinitely. If the company has a dividend yield of 6.9%, what is required rate of return of the companys stock; Kennan Co. is exepected to maintain a constant 4.8% growth rate in its dividends indefinitely. If the company has a dividend yield of 6.9%, what is required rate of return of the companys stock

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