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ABC declared it will pay no dividends for thirty years hence. In The thirty-first year a $12 dividend will be paid and will grow into
ABC declared it will pay no dividends for thirty years hence. In The thirty-first year a $12 dividend will be paid and will grow into perpetuity at 6%. If a fifteen percent ROI is required, how determine the price of the stock. Select one $14.34 b: $1.58 C. $4.23 d. $2.01 e $13.45
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