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The next dividend payment by Savitz, Incorporated, will be $ 2 . 2 5 per share. The dividends are anticipated to maintain a growth rate

The next dividend payment by Savitz, Incorporated, will be $2.25 per share. The dividends are anticipated to maintain a growth rate of 3 percent forever.
If the stock currently sells for $57 per share, what is the required return?
Multiple Choice
3.00%
6.95%
6.60%
3.95%
6.81%

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