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The next dividend payment by Savitz, Incorporated, will be $2.75 per share. The dividends are anticipated to maintain a growth rate of 6 percent forever.

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The next dividend payment by Savitz, Incorporated, will be $2.75 per share. The dividends are anticipated to maintain a growth rate of 6 percent forever. If the stock currently sells for $50 per share, what is the required return? Multiple Choice 6.00% 11.50% 10.92% 11.27% 5.50%

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