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Your company will pay a dividend of $1.00 next year and then have it grow annually at 8.50% for the following 3 years before growing

Your company will pay a dividend of $1.00 next year and then have it grow annually at 8.50% for the following 3 years before growing at 2% indefinitely thereafter. If the required return is 5.75%, what is the price of the stock today?

$29.33 $30.13 $30.92 $31.71 $32.51

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