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First we'll start by changing the division into multiplication by the reciprocal:
Next we will factor each numerator and each denominator. We do this now before we multiply because it is easier now and because we can cancel (including "cross-cancel") common factors before we multiply making the rest of the simplification easier. The first numerator is a difference of squares and the first denominator has a GCF of "z":
Now we can cancel the common factors:
leaving:
This cannot be simplified further so this is the answer.