Question: The next dividend payment by Savitz, Inc., will be $2.85 per share. The dividends are anticipated to maintain a growth rate of 5 percent forever.

The next dividend payment by Savitz, Inc., will be $2.85 per

The next dividend payment by Savitz, Inc., will be $2.85 per share. The dividends are anticipated to maintain a growth rate of 5 percent forever. If the stock currently sells for $45 per share, what is the required return? Multiple Choice 11.33% 5.00% 10.77% 6.33% 11.11%

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