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ABC Corp. has just paid a dividend of $0.47. ABC has an annual required return of 11.25%. A different analyst thinks that ABC's dividends will
ABC Corp. has just paid a dividend of $0.47. ABC has an annual required return of 11.25%.
A different analyst thinks that ABC's dividends will grow by 5% for the next 4 quarters, and then grow by 0.5% thereafter. What is the value of the stock?
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