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Posted on Aug 18, 2024

The next dividend payment by Savitz, Incorporated, will be $2.35 per share. The dividends are anticipated to maintain a growth rate of 2 percent forever.

If the stock currently sells for $57 per share, what is the required return?

Multiple Choice

6.12%

6.00%

4.12%

5.82%

2.00%

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