Question: show work Question 29 Sirius Cybernetics Corp does not plan to issue a dividend for 7 years. On the 8th year, the company plans to

show work Question 29 Sirius Cybernetics Corp does not plan to issue show work

Question 29 Sirius Cybernetics Corp does not plan to issue a dividend for 7 years. On the 8th year, the company plans to issue a dividend of $2.20 and expects future dividends to grow by 1.5% each year thereafter. If you require a return of 7.0%, what is the maximum price you are willing to pay today for this stock? $35.87 X $24.91 $17.30 $20.76 $29.89 2.20(1+,015) 1.07-.015

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