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  3. the next dividend payment by mosby, inc., will be

The next dividend payment by Mosby, Inc., will be $3.05 per share. The dividends are...

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Accounting

The next dividend payment by Mosby, Inc., will be $3.05 per share. The dividends are anticipated to maintain a 4.00 percent growth rate, forever.

Required: If the stock currently sells for $49.70 per share, what is the required return?

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