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Posted on Oct 03, 2024

The next dividend payment by Savitz, Inc., will be $3.25 per share. The dividends are anticipated to maintain a growth rate of 5 percent forever.

If the stock currently sells for $60 per share, what is the required return?

Please provide one of the correct option below

10.42%
10.21%
5.00%
9.90%
5.42%

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