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ABC Corp.'s expected year-end dividend is D1 = $1.60, its required return is rs = 11.00%, its dividend yield is 6.00%, and its growth rate
ABC Corp.'s expected year-end dividend is D1 = $1.60, its required return is rs = 11.00%, its dividend yield is 6.00%, and its growth rate is expected to be constant in the future. What is ABC's expected stock price in 5 years, i.e., what is ? (Please round to the 2nd decimal place) Group of answer choices 37.52 none of the above 34.04 35.74 39.40
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