A7X Crop. just paid a dividend kf $1.35 per share. The dividends are expects to grow at 30 percent for the next 8 years and then level off to a growth rate of 9 percent indefinitely.

If the required return is 14 percent, what is the price of the stock today?

A7X Corp.just paid a dividend of $1.35 per share. The dividends are expected to grow at 30 percent for the next 9 years and then level off to a growth rate of 9 percent indefinitely If the required return is 14 percent, what is the price of the stock today? Multiple Choice $2.45 $120.77 $118.35 $95.97 $123.19