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Grant's company has recently paid a dividend of $ 1 . 6 0 per share. The dividends grow or increase at 3 0 percent for

Grant's company has recently paid a dividend of $1.60 per share. The dividends grow or increase at 30 percent for the next 9 years. They level off to a growth rate of 5 percent indefinitely. If the required return is 13% what is the price of the stock today? Multiple choice: a.102.99 b.3.84 c.105.09 d.107.19 e.74.13

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