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The next dividend payment by Savitz, Incorporated, will be $4.15 per share. The dividends are anticipated to maintain a growth rate of 6 percent forever.
The next dividend payment by Savitz, Incorporated, will be $4.15 per share. The dividends are anticipated to maintain a growth rate of 6 percent forever. If the stock currently sells for $42 per share, what is the required return? 15.88% 15.56% 6.00% 9.88% 15.09%
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Financial Markets And Institutions
Authors: Jeff Madura
5th Edition
0324027443, 9780324027440
