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

The next dividend payment by Savitz, Inc., will be $4.95 per share. The dividends are...

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Finance

The next dividend payment by Savitz, Inc., will be $4.95 per share. The dividends are anticipated to maintain a growth rate of 3 percent forever. If the stock currently sells for $41 per share, what is the required return? Multiple Choice

A 12.07%

B 14.77%

C 15.07%

D 14.32%

E 3.00%

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