A7X Corp. Just paid a dividend of $1.35 per share. The dividends are expected to grow at 30 percent for the next 9 years and then level off to a growth rate of 6 percent indefinitely.

Question

Question

If the required return is 12 percent, what is the price of the stock today?

Multiple Choice

$118.74

$121.11

$91.20

$116.36

$3.38

Answer 1

Answer #1

Answer 2

Answer #2

so here again explanantions are minimal but i like challenges so here it is using horizon price and actually building the excel from scratch

answered by: Yr

Answer 3

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