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ABC Inc. has paid $3 dividends per share last year. What is your value estimate for its share price, if investors required rate of return

ABC Inc. has paid $3 dividends per share last year. What is your value estimate for its share price, if investors required rate of return is 13% and the dividends are expected to grow by 10% over the next two years and after that infinitely at a 4% rate?

$33.33

$34.83

$38.61

$35.26

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