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Upper Gullies Corp just paid a dividend of $1

Finance

Upper Gullies Corp just paid a dividend of $1.90 per share. The dividends are expected to grow at 22% for the next eight years and then level off to a 6% growth rate indefinitely. If the required return is 13%, what is the price of the stock today? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a $73.88 b $74.91 ? $77.88 d $72.36 e $75.92

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