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Business, 03.11.2020 17:20 kyleeharr1370

"The next dividend payment by Savitz, Inc., will be $1.60 per share. The dividends are anticipated to maintain a growth rate of 6 percent forever. If the stock currently sells for $30 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., 32.16.)"

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