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ABC Corporation has just paid a $4 dividend. Dividend growth rate has been at 3% and expected to be so into the future. If investor's

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ABC Corporation has just paid a $4 dividend. Dividend growth rate has been at 3% and expected to be so into the future. If investor's return is 12%, calculate the stock price in year 5. Multiple Choice $53.07 O $54.57 $51.07 O $52.57 O O $55.07

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