question archive Universal Forest's current stock price is $154

Universal Forest's current stock price is $154

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Universal Forest's current stock price is $154.00 and it is likely to pay a $5.23 dividend next year. Since analysts estimate Universal Forest will have a 13.0 percent growth rate, what is its required return? Multiple Choice

15.28 percent

13.62 percent

14.71 percent

16.40 percent

Option 1

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Option 2

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