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A) 12.69% B) 6.34 % C) 7.37% D) 14.55% E) 7.27 % 13. A7X Corporation just paid a dividend of $1.25 per share. The dividends

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A) 12.69% B) 6.34 % C) 7.37% D) 14.55% E) 7.27 % 13. A7X Corporation just paid a dividend of $1.25 per share. The dividends are expected to grow at 30 percent for the next 7 years and then level off to a growth rate of 9 percent indefinitely. If the required return is 13 percent, what is the price of the stock today? A) $106.79 B) $.17 C) $90.85 D) $108.92 E) $104.65 NIS

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