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The next dividend payment by Mosby, Inc., will be $3.20 per share. The dividends are anticipated to maintain a 3.25 percent growth rate, forever. If...

The next dividend payment by Mosby, Inc., will be $3.20 per share. The dividends are anticipated to maintain a 3.25 percent growth rate, forever.
If the stock currently sells for $50.00 per share, what is the required return?

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