Calculate the required rate of return on DCM Corporation's stock if its current price is $35 per share,next year's expected dividend is $2.00 per share,its return on equity is 12 percent,and its dividend payout ratio is 55 percent.

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The Answer of Calculate the required rate of return on DCM Corporation's stock if its current price is $35 per share,next year's expected dividend is $2.00 per share,its return on equity is 12 percent,and its dividend payout ratio is 55 percent.

Calculate the Required Rate of Return on DCM Corporation's Stock