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A 7 X Corporation just pald a dividend of $ 1 . 3 0 per share. The dividends are expected to grow at 4 0
AX Corporation just pald a dividend of $ per share. The dividends are expected to grow at percent for the next years and then level off to a growth rate of percent Indefinitely.
If the required return is percent, what is the price of the stock today?
Multiple Choice
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$
$
$
$
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