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The next dividend payment by Savitz, Inc., will be $4.05 per share. The dividends are anticipated to maintain a growth rate of 4 percent forever.

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The next dividend payment by Savitz, Inc., will be $4.05 per share. The dividends are anticipated to maintain a growth rate of 4 percent forever. If the stock currently sells for $40 per share, what is the required return? Multiple Choice 4.00% 13.42% 13.84% 10.12% 14.12%

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