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ABC Enterprises' stock is expected to pay a dividend of $0.7 per share. The dividend is projected to increase at a constant rate of 4.2%

ABC Enterprises' stock is expected to pay a dividend of $0.7 per share. The dividend is projected to increase at a constant rate of 4.2% per year. The required rate of return on the stock is 16.6%. What is the stock's expected price 3 years from today (i.e. solve for P3)?

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