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A7X Corp. just paid a dividend of $1.25 per share. The dividends are expected to grow at 40 percent for the next 9 years and
A7X Corp. just paid a dividend of $1.25 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 6 percent indefinitely. If the required return is 12 percent, what is the price of the stock today? Multiple Choice $208.95 $200.75 $4.82 $164.53 $204.85
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