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Please provide steps by step. A7X Corporation just paid a dividend of $1.35 per share. The dividends are expected to grow at 40 percent for
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A7X Corporation just paid a dividend of $1.35 per share. The dividends are expected to grow at 40 percent for the next 6 years and then level off to a growth rate of 6 percent indefinitely. If the required return is 14 percent, what is the price of the stock today? Multiple Choice $1.63 $80.61 $79.03 $61.36 $77.45Step by Step Solution
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