Question: Problem 7 Intro Forever 21 is expected to pay an annual dividend of $3.96 per share in one year, which is then expected to grow

Problem 7 Intro Forever 21 is expected to pay an annual dividend of $3.96 per share in one year, which is then expected to grow by 3% per year. The required rate of return is 14%. Part 1 What is the current stock price? 8 Attempt 1/1 for 8 pts No decimals Submit

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