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Given the following information, calculate the current value of Builtrite's common stock: current dividend is $6.00, projected super normal growth for three years at 15%,

Given the following information, calculate the current value of Builtrite's common stock: current dividend is $6.00, projected super normal growth for three years at 15%, growth rate after year 3 should remain constant at 6% and you want to earn a 11% annual return. What should you pay for the stock?

O $168.34

O $160.83

O $166.96

O $174.22

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