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Question 13 (of 13) 13. value 10.00 points Thirsty Cactus Corp.just paid a dividend of $1.25 per share. The dividends are expected to grow at
Question 13 (of 13) 13. value 10.00 points Thirsty Cactus Corp.just paid a dividend of $1.25 per share. The dividends are expected to grow at 35 percent for the next 7 years and then level off to a 8 percent growth rate indefinitely Required: If the required return is 13 percent, what is the price of the stock today? O $112.76 $9379 $110.51 O $115 02 O $174 References eBook & Resources
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