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A7X Corporation just paid a dividend of $1.50 per share. The dividends are expected to grow at 35 percent for the next 9 years and
| A7X Corporation just paid a dividend of $1.50 per share. The dividends are expected to grow at 35 percent for the next 9 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
$197.07
$160.64
$4.71
$201.01
$193.13
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The Handbook Of Mortgage Backed Securities
Authors: Frank Fabozzi
6th Edition
0071460748, 978-0071460743
