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The next dividend payment by Savitz, Incorporated, will be $2.65 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, Incorporated, will be $2.65 per share. The dividends are anticipated to maintain a growth rate of 3 percent forever. If the stock currently sells for $52 per share, what is the required return? Multiple Choice 5.10% 8.10% 3.00% 7.93\%

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