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Abc company currently pays a dividend of 3$ per share,and this dividend is expected grow at a 10 percent annual rate for 2 years,and then
Abc company currently pays a dividend of 3$ per share,and this dividend is expected grow at a 10 percent annual rate for 2 years,and then at a 8 percent rate for the next 3 years,after which it is expected to grow at a 5 percent rate forever. What value would you place on the stock if an 12 percent rate of return was required?
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