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Given the following information, calculate the current value of Builtrite's common stock: current dividend is $4.00, projected supernormal growth for three years at 15%, growth

Given the following information, calculate the current value of Builtrite's common stock: current dividend is $4.00, projected supernormal growth for three years at 15%, growth rate after year 3 should remain constant at 5% and you want to earn a 11% annual return. What should you pay for the stock?

A $95.66

B $120.17

C $129.67

D $90.72

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