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A7X Corp. just paid a dividend of $1.30 per share. The dividends are expected to grow at 30 percent for the next 10 years and
| A7X Corp. just paid a dividend of $1.30 per share. The dividends are expected to grow at 30 percent for the next 10 years and then level off to a growth rate of 7 percent indefinitely. |
| If the required return is 13 percent, what is the price of the stock today? |
Multiple Choice
$124.58
$127.07
$3.99
$122.09
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Forecasting Principles And Practice
Authors: Rob J Hyndman, George Athanasopoulos
3rd Edition
0987507133, 978-0987507136
