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The next dividend payment by Savitz, Incorporated, will be $4.55 per share. The dividends are anticipated to maintain a growth rate of 4 percent forever.
The next dividend payment by Savitz, Incorporated, will be $4.55 per share. The dividends are anticipated to maintain a growth rate of 4 percent forever. If the stock currently sells for $47 per share, what is the required return? Multiple Choice 13.68% 9.68% 13.00% 13.41% 4.00%
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