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The next dividend payment by Savitz, Inc., will be $3.35 per share. The dividends are anticipated to maintain a growth rate of 5 percent forever.
The next dividend payment by Savitz, Inc., will be $3.35 per share. The dividends are anticipated to maintain a growth rate of 5 percent forever. If the stock currently sells for $57 per share, what is the required return? Multiple Choice 5.88% 5.00% 10.66% O 10.88% 10.33% Suppose you know a company's stock currently sells for $70 per share and the required return on the stock is 13 percent. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield. If it's the company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share? Multiple Choice $4.27 $4.06 $4.55 $4.62 $8.54
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