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The next dividend payment by Savitz, Incorporated, will be $ 2 . 4 5 per share. The dividends are anticipated to maintain a growth rate

The next dividend payment by Savitz, Incorporated, will be $2.45 per share. The dividends are anticipated to maintain a growth rate of 4 percent forever.
If the stock currently sells for $58 per share, what is the required return?
Multiple Choice
4.22%
4.00%
8.06%
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