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Suns Inc. has a dividend yield of 5.1 percent and is expected to maintain a constant 3.2 percent
growth rate in its dividends indefinitely. What is the required return on the company's stock? (Do
not round intermediate calculations and enter your answer as a percent rounded to 2 decimal
places, e.g., 32.16.)

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  • 1. Suns Inc. has a dividend yield of 5.1 percent and is expected to maintain a constant 3.2 percent growth rate in its dividends indefinitely. What is the required return on the company's stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)