,Thirsty Cactus Corp. just paid a dividend of $1.30 per share. The dividends are expected to grow at 30 percent for the next seven years and then level off to a 7 percent growth rate indefinitely. If the required return is 14 percent, what is the price of the stock today? (Do not include the dollar sign ($). Round your answer to 2 decimal places. (e.g., 32.16)) , ,
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