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A7X Corp. just paid a dividend of $1.25 per share. The dividends are expected to grow at 35 percent for the next 7 years and
A7X Corp. just paid a dividend of $1.25 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 8 percent indefinitely. |
If the required return is 13 percent, what is the price of the stock today? |
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$93.79
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$112.76
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$110.51
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$1.74
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$115.02
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