Since analysts estimate universal forest will have a 138, Financial Management

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Since analysts estimate universal forest will have a 138

Suppose Universal Forest’s current stock price is $59.00 and it is likely to pay a $0.57 dividend next year. Since analysts estimate Universal Forest will have a 13.8 percent growth rate, what is its required return? (Round your answer to 2 decimal places.)

Required return %

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Financial Management: Since analysts estimate universal forest will have a 138

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