Question: Help Save & Exit Sub Hyde Inc. just paid its annual dividend of $.35 per share. The dividends are expected to grow at 25 percent

Help Save & Exit Sub Hyde Inc. just paid its annual dividend of $.35 per share. The dividends are expected to grow at 25 percent annually for the next 4 years and then level off to an annual growth rate of 4 percent indefinitely. What is the price of this stock today given a required return of 12 percent? (Round all intermediate calculations to 4 decimal places.) Multiple Choice Help Save & Exit Sub Hyde Inc. just paid its annual dividend of $.35 per share. The dividends are expected to grow at 25 percent annually for the next 4 years and then level off to an annual growth rate of 4 percent indefinitely. What is the price of this stock today given a required return of 12 percent? (Round all intermediate calculations to 4 decimal places.) Multiple Choice

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