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Question 7 7.5 pts A company just paid out an annual dividend of $4. If the dividend will grow by 20% for each of the

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Question 7 7.5 pts A company just paid out an annual dividend of $4. If the dividend will grow by 20% for each of the next 2 years, and by 7% annually thereafter, what should be the price of a share today? Assume that the required rate of return for the stock is 15%. $71.14 $66.78 $60.00 $55.65

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