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6 Thirsty Cactus Corp.just paid a dividend of $1.60 per share. The dividends are expected to grow at 40 percent for the next 8 years

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6 Thirsty Cactus Corp.just paid a dividend of $1.60 per share. The dividends are expected to grow at 40 percent for the next 8 years and then level off to a 6 percent growth rate indefinitely Required: If the required return is 14 percent, what is the price of the stock today? Skipped Multiple Choice $142.72 $148.55 $4.54 $109.68 $145.63

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