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Given the following information, calculate the current value of Builtrite's common stock: current dividend is $7.00, 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 $7.00, 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 10% annual return. What should you pay for the stock?

O $225.84

O $240.25

O $219.89

O $234.92

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