Homework # 6 (Chapter 8) STOCK VALUATION #6 (Chapter 8) Saved Help Save & Exit The next dividend payment by Savitz, Inc., will be $1.56 per share. The dividends are anticipated to maintain a growth rate of 4 percent forever. If the stock currently sells for $29 per share, what is the required return? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.1 6.) Required return