What return do investors require of builtrite, Financial Management

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What return do investors require of builtrite

Builtrite Furniture just paid an annual dividend of $2.60 last week and investors' believe that dividends will continue to grow at a 7% rate into the future. The current price of Builtrite's common stock is $62. What return do investors' require of Builtrite stock?

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Financial Management: What return do investors require of builtrite

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