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The next dividend payment by Savitz, Inc., will be $3.65 per share. The dividends are anticipated to maintain a growth rate of 3 percent forever.

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The next dividend payment by Savitz, Inc., will be $3.65 per share. The dividends are anticipated to maintain a growth rate of 3 percent forever. If the stock currently sells for $45 per share, what is the required return? Multiple Choice 10.89% 10.56% 8.11% 11.11% 3.00%

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