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FinanceQ&A LibraryUniversal Forest’s current stock price is $64.00 and it is likely to pay a $0.47 dividend next year. Since analysts estimate Universal Forest will have a growth rate of 13.6 percent, what is its required return? (Round your answer to 2 decimal places.) Required Return: ___.__%Start your trial now! First week only $4.99!*arrow_forward*

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Universal Forest’s current stock price is $64.00 and it is likely to pay a $0.47 dividend next year. Since analysts estimate Universal Forest will have a growth rate of 13.6 percent, what is its required return?** (Round your answer to 2 decimal places.)**

**Required Return: ___.__%**

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