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3. The common stock of ABC has a required ret $0.90 per share. Future dividends will increase Vidend growth rate will be 3 percent indefinitely.

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3. The common stock of ABC has a required ret $0.90 per share. Future dividends will increase Vidend growth rate will be 3 percent indefinitely. 16 percent. The company just paid dividends of 1 percent for the following 3 years. After that, the A) Draw the timeline. (5 pts) B) What is one share of this stock worth today! ay? Show all the steps clearly (10 pts)

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