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The next dividend payment by Savitz, Inc., will be $3.05 per share. The dividends are anticipated to maintain a growth rate of 4 percent forever.
| The next dividend payment by Savitz, Inc., will be $3.05 per share. The dividends are anticipated to maintain a growth rate of 4 percent forever. |
| If the stock currently sells for $58 per share, what is the required return? |
Multiple Choice
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9.26%
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8.80%
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9.07%
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4.00%
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5.26%
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Financial Accounting A Key To Your Success In The Exam
Authors: Victoria Dobrynskaya
2nd Edition
3843389713, 978-3843389716
