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ABC companypaid a $ 1 . 0 0 cash dividend ladt year. the expected dividend growth rate is 8 % and constant. the current stock

ABC companypaid a $1.00 cash dividend ladt year. the expected dividend growth rate is 8% and constant. the current stock price iof ABC is $24.00.
what is the expected rate of return on abc stock?
what should bethbe the stock price in 2 years, assuming the growth rate remains at 8%?

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