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ABC common stock just paid a dividend of $2.50 per share. The ABC dividend is expected to grow 20% per year for two years, and
ABC common stock just paid a dividend of $2.50 per share. The ABC dividend is expected to grow 20% per year for two years, and then the growth rate will settle into a constant 6%. If the discount rate is 15% on ABC common stock, what should be the current share price?
$31.16 |
$33.23 |
$37.42 |
$47.77 |
$50.00 |
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