Question: Question 6 1 pts You can use Excel for this question: A stock is about to pay a $7 dividend. This dividend will grow at

Question 6 1 pts You can use Excel for this question: A stock is about to pay a $7 dividend. This dividend will grow at 3% each year in perpetuity. The required rate of return for this stock is 8%. What is the price of the stock today? (note: include today's dividend in the price) O $144.20 O $151.20 O $157.57 O $186.73

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