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what is the price of the stock today?

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Stock Valuation 1 answer below » Thirsty Cactus Corp. just paid a dividend of $2.10 per share. The dividends are expected to grow at 24 percent for the next eight years and then level off to a
growth rate of 6 percent indefinitely. If the required return is 13 percent, what is the price of the stock today? I know there’s the long way to this question,
but does anyone know the more simple equation to completing this question?? Jan 17 2014 10:38 PM

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