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ABC company is expected to pay an annual dividend of $10 a share and plans on increasing future dividends by 6 percent annually for ever.

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ABC company is expected to pay an annual dividend of $10 a share and plans on increasing future dividends by 6 percent annually for ever. The discount rate is 16 percent. What will the value of this stock be 6 years from today (in $ dollars)? $ A. $141.85 B. $97.46 O C. $46.80 OD. $133.82

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