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The next dividend payment by Savitz, Incorporated, will be $2.25 per share. The dividends are anticipated to maintain a growth rate of 5 percent forever.

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The next dividend payment by Savitz, Incorporated, will be $2.25 per share. The dividends are anticipated to maintain a growth rate of 5 percent forever. If the stock currently sells for $47 per share, what is the required return? Multiple Choice 9.59% 5.00% 979% 9.30%

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