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ABAC Companies, Inc. is experiencing a period of rapid growth. Earnings and dividends are expected to grow at a rate of 3 0 % during
ABAC Companies, Inc. is experiencing a period of rapid growth. Earnings and dividends are expected to grow at a rate of during the next years, and at a constant rate of thereafter. ABACs last dividend was $ and the required rate of return is Calculate the value of the stock today.
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