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ABC Corp. will pay a dividend at the end of next year (at year 1) of $3.7 per share. It is expected the company will

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ABC Corp. will pay a dividend at the end of next year (at year 1) of $3.7 per share. It is expected the company will increase its dividend by 1.00% per year forever. If the ABC Corp's equity cost of capital is 12.00%, what is the price per share of its stock today? $33.64 $30.83 $33.97 $28.46

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