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Thirsty Cactus Corp. just paid a dividend of $1.40 per share. The dividends are expected to grow at 35 percent for the next 7 years

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Thirsty Cactus Corp. just paid a dividend of $1.40 per share. The dividends are expected to grow at 35 percent for the next 7 years and then level off to a 7 percent growth rate indefinitely. Required: If the required return is 15 percent, what is the price of the stock today? O $172 O $5753 O $771 O $7865 O $7557

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