A7X Corp.just paid a dividend of $1.50 per share. The dividends are expected to grow at 30 percent for the next 7 years
Posted: Thu Dec 23, 2021 8:59 am
A7X Corp.just paid a dividend of $1.50 per share. The dividends are expected to grow at 30 percent for the next 7 years and then level off to a growth rate of 6 percent indefinitely If the required return is 12 percent, what is the price of the stock today?