What is the required rate of return

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The LLB Company had net earnings of $127,000 this past year. Dividends of $38,100 were paid. The company's equity was $1,587,500. If Lory has 100,000 shares outstanding with a current market price of $11.625 per share, and the growth rate is 5.6%, what is the required rate of return?

Reference no: EM131322692

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