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AZX Corporation just paid a dividend of $1.55 per share. The dividends are expected to grow at 40 percent for the next 10 years and
AZX Corporation just paid a dividend of $1.55 per share. The dividends are expected to grow at 40 percent for the next 10 years and then level off to a growth rate of 6 percent indefinitely If the required return is 13 percent, what is the price of the stock today? Multiple Choice $265.66 $260.45 $6.85 $200.00 $255.24
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