The Genco Olive Oil Co. is expected to pay a dividend of $1.90 next year. If the expected long-run constant growth rate for this stock is 6 percent, and if the current market price is $65.52, what rate of return do investors require for the stock?

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The Answer of The Genco Olive Oil Co. is expected to pay a dividend of $1.90 next year. If the expected long-run constant growth rate for this stock is 6 percent, and if the current market price is $65.52, what rate of return do investors require for the stock?