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The next dividend payment by Savitz, Incorporated, will be $4.45 per share. The dividends are anticipated to maintain a growth rate of 5 percent forever.
The next dividend payment by Savitz, Incorporated, will be $4.45 per share. The dividends are anticipated to maintain a growth rate of 5 percent forever. If the stock currently sells for $57 per share, what is the required return? Multiple Choice 12.17% 5.00% 12.55% 7.81% 12.81%
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Understanding Simple Accounting
Authors: Gustav Muhsfeldt
1st Edition
B005MAAH4W
