A7X Corporation just paid a dividend of $1.25 per share. The dividends are expected to grow at 30 percent for the next 7 years and then level off to a growth rate of 8 percent indefinitely. If the required return is 14 percent, what is the price of the stock today? Multiple Choice O $70.30 $.13 $71.73 $56.42 $73.17

A7X Corporation just paid a dividend of $1.25 per share. The dividends are expected to grow at 30 percent for the next 7 years and then level off to a growth 7 ate of 8 percent indefinitely. If the required return is 14 percent, what is the price of the stock today? Multiple Choice $70.30 $13 $773 $56.42 $73.17