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ABC corporation is a mature, publicly listed company in the S&P 500. With the data provided below, what recommendation would you give to a retail
ABC corporation is a mature, publicly listed company in the S&P 500. With the data provided below, what recommendation would you give to a retail investor who is interested in ABC's share (Buy, Sell or Hold)? Explain (with steps) how you reach to your conclusion. ABC corporation $3.2 Most recent dividends declared per common share 3,000,000 $240,000,000 Current Number of shares outstanding Current market capitalization Company's Beta (5-year) Dividend terminal growth rate 1.5 4% US 10-year treasury note yield 2.85% S&P 500 Index average annual return 10%
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