MC algo 7-36 Supernormal Growth General Importers announced that it will pay a dividend of $3.20 per share one year from today. After that, the company expects a slowdown in its business and will not pay a dividend for the next 5 years. Then, 7 years from today, the company will begin paying an annual dividend of $1.30 forever The required return is 10.5 percent. What is the price of the stock today? Multiple Choice O $9.05 $12.38 $10.41 5970 52.90