The common stock of ABC Industries is valued at $26.9 a share. The company increases their dividend by 6.1 percent annually and expects their next dividend to be $2.9. What is the required rate of return on this stock? That is, solve for r.Note: Enter your answer rounded off to two decimal points. Do not enter % in the answer box. For example, if your answer is 0.12345 then enter as 12.35 in the answer box.

The common stock of ABC Industries is valued at $26.9 a share. The company increases their dividend by 6.1 percent annually and expects their next dividend to be $2.9. What is the required rate of return on this stock? That is, solve for r.Note: Enter your answer rounded off to two decimal points. Do not enter % in the answer box. For example, if your answer is 0.12345 then enter as 12.35 in the answer box.

The common stock of ABC Industries is valued at $26.9 a share. The company increases their dividend by 6.1 percent annually and expects their next dividend to be $2.9. What is the required rate of return on this stock? That is, solve for r.Note: Enter your answer rounded off to two decimal points. Do not enter % in the answer box. For example, if your answer is 0.12345 then enter as 12.35 in the answer box.