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3. ABC pays a current dividend of $2.00 per share. During years 1 & 2 it is expected to have dividend growth of 15%. Beginning

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3. ABC pays a current dividend of $2.00 per share. During years 1 & 2 it is expected to have dividend growth of 15%. Beginning in year 3 the expected growth rate in dividends is expected to remain constant at 5%. The required rate of return is 10% for this stock. What is the stock's value

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