(Answered) Abc incs stock is currently selling for 726 per share the

Finance

ABC Inc.'s stock is currently selling for $72.6 per share. The company just paid its first annual dividend of $3.64 a share. The firm plans to increase the dividend by 6.1 percent per year indefinitely. What is the firm's cost of equity?

ABC's next dividend is expected to be $7.95, its required return is 18%, its growth rate is 3%. What is ABC's expected stock price in 19 years?

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