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The next dividend payment by Savitz, Inc., will be $3.15 per share. The dividends are anticipated to maintain a growth rate of 5 percent forever.

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The next dividend payment by Savitz, Inc., will be $3.15 per share. The dividends are anticipated to maintain a growth rate of 5 percent forever. If the stock currently sells for $51 per share, what is the required return? Multiple Choice 10.6296 10.95% 11.18% 5.00%

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