abdullahabughazzi abdullahabughazzi

22-10-2021
Business

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A7X Corp. just paid a dividend of $2.20 per share. The dividends are expected to grow at 25 percent for the next eight years and then level off to a growth rate of 6 percent indefinitely. If the required return is 14 percent, what is the price of the stock today?

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gamermacy2 gamermacy2

22-10-2021

Well first, write out a problem that includes 2.20 and divide it by 25 and add 6 and multiply it by 14. Thank me later :)

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