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ABC, Co. just paid $1.32 dividends and is expected to grow at an annual rate of 7%. If the required return if 11 percent for
ABC, Co. just paid $1.32 dividends and is expected to grow at an annual rate of 7%. If the required return if 11 percent for ABC's stock, what is its stock's value? The common stock value of ABC, Co. is $. (Round to the nearest cent.)
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