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A7X Corp.just paid a dividend of $1.40 per share. The dividends are expected to grow at 30 percent for the next 8 years and then
A7X Corp.just paid a dividend of $1.40 per share. The dividends are expected to grow at 30 percent for the next 8 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 o $9279 o $11723 o $114.93 o $1.73 o $112.64
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