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9.4 Abacus Corporation will pay dividends of $2.25, $2.95, and $3.15 in the next three years. After three years, the dividends are expected to grow

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9.4 Abacus Corporation will pay dividends of $2.25, $2.95, and $3.15 in the next three years. After three years, the dividends are expected to grow at a constant rate of 4 percent per year. If the required rate of return is 14.5 percent, what is the current value of the Abacus common stock

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