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Thirsty Cactus Corp.just paid a dividend of $1.55 per share. The dividends are expected to grow at 30 percent for the next 7 years and
Thirsty Cactus Corp.just paid a dividend of $1.55 per share. The dividends are expected to grow at 30 percent for the next 7 years and then level off to a 9 percent growth rate indefinitely Required: If the required return is 12 percent, what is the price of the stock today? Multiple Choice $176.82 $180.43 $.49 $159.85 $184.04
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