Abc expects to pay a dividend one year from now of 213 the, Ask an Expert

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ABC expects to pay a dividend one year from now of $2.13. The dividend exhibits constant growth of 6.7%, and the required rate of return on the stock is 12.1%. Given all of this, what price would you expect to pay for the stock? (Show your answer to the nearest penny)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92319602

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