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Connect CH7 Flashcards | QX M Connect - https://ezto.mheducation.com/ext/map/index.html?_con=con&external_bro Saved Help Save & Exit Submit Chap 8 and Chap 9 8 Upper Gullies Corp.just paid

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Connect CH7 Flashcards | QX M Connect - https://ezto.mheducation.com/ext/map/index.html?_con=con&external_bro Saved Help Save & Exit Submit Chap 8 and Chap 9 8 Upper Gullies Corp.just paid a dividend of $2.30 per share. The dividends are expected to grow at 23% for the next eight years and then level off to a 7% growth rate indefinitely. If the required return is 15%, what is the price of the stock today? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Stock price $ 10:59 aw III o

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