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Question 29 Sirius Cybernetics Corp does not plan to issue a dividend for 7 years. On the 8th year, the company plans to issue a dividend of $2.20 and expects future dividends to grow by 1.5% each year thereafter. If you require a return of 7.0%, what is the maximum price you are willing to pay today for this stock? $35.87 X $24.91 $17.30 $20.76 $29.89 2.20(1+,015) 1.07-.015