A7x corp just paid a dividend of 220 per share the, Finance Basics

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A7x corp just paid a dividend of 220 per share the

Question: A7X Corp. just paid a dividend of $2.20 per share. The dividends are expected to grow at 22 percent for the next eight years and then level off to a growth rate of 7 percent indefinitely. If the required return is 14 percent, what is the price of the stock today?

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Finance Basics: A7x corp just paid a dividend of 220 per share the

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Finance Basics: A7x corp just paid a dividend of 220 per share the

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