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Question 7 (of 8) lue: 00 points pper Gullies Corp. just paid a dividend of $2.00 per share. The dividends are expected to grow at

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Question 7 (of 8) lue: 00 points pper Gullies Corp. just paid a dividend of $2.00 per share. The dividends are expected to grow at 23 ercent for the next eight years and then level off to a 6 percent growth rate indefinitely. If the required eturn is 12 percent, what is the price of the stock today? (Do not round intermediate calculations. ound the final answer to 2 decimal places.) Stock price References eBook & Resources Worksheet here to search

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