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A7X Corp. just paid a dividend of $1.55 per share. The dividends are expected to grow at 30 percent for the next 6 years and

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A7X Corp. just paid a dividend of $1.55 per share. The dividends are expected to grow at 30 percent for the next 6 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? Multiple Choice $91.38 $93.25 $1,07 $9511 $77.62

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