Abc stock is expected to pay a dividend next year of 33, Ask an Expert

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ABC stock is expected to pay a dividend next year of $3.3. After that, investors expect dividends to grow by 11.8% the next year and 7.4% the year after that, and then maintain constant growth of 4% forever. If the required return is 12%, how much would you pay for a share of the stock today? Answer to 2 decimal places,

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92399423

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