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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

A7X Corporation just pald a dividend of $1.30 per share. The dividends are expected to grow at 40 percent for the next 9 years and then level off to a growth rate of 8 percent Indefinitely.
If the required return is 14 percent, what is the price of the stock today?
Multiple Choice
$186.14
$18242
$148.67
$471
$189.87
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