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AZX Corp. just paid a dividend of $1.25 per share. The dividends are expected to grow at 30 percent for the next 9 years and

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AZX Corp. just paid a dividend of $1.25 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 7 percent indefinitely. If the required return is 14 percent, what is the price of the stock today? Multiple Choice $83.57 O $85.27 $62.31 O $2.56 $86.98

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