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The next dividend payment by Savitz, Inc., will be $2.43 per share. The dividends are anticipated to maintain an annual growth rate of 3.5%
The next dividend payment by Savitz, Inc., will be $2.43 per share. The dividends are anticipated to maintain an annual growth rate of 3.5% forever. If the stock currently sells for $70 per share, what is the required return?
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Fundamentals of Corporate Finance
Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan
12th edition
007353062X, 73530628, 1260153592, 1260153590, 978-1260153590
