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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 8 years and

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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 8 years and then level off to a growth rate of 9 percent indefinitely. If the required return is 15 percent, what is the price of the stock today? Multiple Choice $2.90 $12716 $122.18 $124.67 $98.28

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