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The next dividend payment by Dizzle, Inc., will be $2.95 per share. The dividends are anticipated to maintain a growth rate of 4.50 percent, forever.

The next dividend payment by Dizzle, Inc., will be $2.95 per share. The dividends are anticipated to maintain a growth rate of 4.50 percent, forever. If the stock currently sells for $49.50 per share, what is the required return?

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