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  3. the next dividend payment by savitz, inc., will be

The next dividend payment by Savitz, Inc., will be $3.45 per share. The dividends are...

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Finance

The next dividend payment by Savitz, Inc., will be $3.45 per share. The dividends are anticipated to maintain a growth rate of 2 percent forever. If the stock currently sells for a month and $52 per share, what is the required return?

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