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The next dividend payment by Savitz, Inc., will be $2.35 per share. The dividends are anticipated to maintain a growth rate of 3 percent forever.

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The next dividend payment by Savitz, Inc., will be $2.35 per share. The dividends are anticipated to maintain a growth rate of 3 percent forever. If the stock currently sells for $44 per share, what is the required return? Multiple Choice 7.92% 8.17% 5.34% 3.00% 8.34%

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