Perot Marketing is expected to pay $2.40 per share in dividends at the end of the next 12 months.The growth rate in dividends is expected to be constant at 9% per year.If the stock is selling for $51.30 per share,what is the required rate of return?

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The Answer of Perot Marketing is expected to pay $2.40 per share in dividends at the end of the next 12 months.The growth rate in dividends is expected to be constant at 9% per year.If the stock is selling for $51.30 per share,what is the required rate of return?

Perot Marketing Is Expected to Pay $2