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The next dividend payment by Savitz, Incorporated, will be $3.05 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 $3.05 per share. The dividends are anticipated to maintain a growth rate of 5 percent forever. If the stock currently sells for $53 per share, what is the required return? Multiple Choice 10.54% 10.22% 10.543 10.227 10.75% 5.75\% 5.00%

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