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$20.26 $30.33 $17.73 $19.24 ABC announced that it would pay the following dividends over the next five years: $080, SO. 75, Sl .60, S3, and
ABC announced that it would pay the following dividends over the next five years: $080, SO. 75, Sl .60, S3, and S4_ Afterwards, dividends will decline at a rate of 2 percent per year indefinitely. What is the firm's current stock price if the required rate of return is 13%7 $20.26 o $30.33 o C) $17.73 C) $19.24
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Analysis For Financial Management
Authors: Robert C. Higgins
10th International Edition
007108648X, 9780071086486
