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14 Share Values ABC plc pays dividends that are expected to grow at 5 per cent each year. These will stop in year 5, at

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14 Share Values ABC plc pays dividends that are expected to grow at 5 per cent each year. These will stop in year 5, at which point the company will pay out all its earnings as dividends. Next year's dividend is 0.87 and its EPS at the time will be 2.02. If the appropriate discount rate on ABC plc shares is 14 per cent, what is its share price today

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