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A7x Corp. just paid a dividend of $1.20 per share. The dividends are expected to grow at 35 percent for the next 7 years and

A7x Corp. just paid a dividend of $1.20 per share. The dividends are expected to grow at 35 percent for the next 7 years and then level off to a growth rate of 7 percent indefinitely. If the required return is 15 percent, what is the price of the stock today?

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