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A7X Corporation just paid a dividend of $1.25 per share. The dividends are expected to grow at 25 percent for the next 9 years and
| A7X Corporation just paid a dividend of $1.25 per share. The dividends are expected to grow at 25 percent for the next 9 years and then level off to a growth rate of 6 percent indefinitely. |
| If the required return is 14 percent, what is the price of the stock today? |
Multiple Choice
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$37.95
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$57.41
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$.58
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$56.29
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$55.16
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Corporate Governance And Financial Management Computational Optimization Modelling And Accounting Perspectives
Authors: S Nuryanah, S Islam
1st Edition
1349493228, 9781349493227
