ABC, Inc., is a young start-up company. No dividends will be paid on the stock over the next nine years, because the firm needs to plow back its earnings to fuel growth. The company will then pay a $12 per share dividend in year 10 and will increase the dividend by 5 percent per year thereafter. If the required return on this stock is 13 percent, what is the share price three years from today? 1) $63.76 2) $72.05 3) $56.42 4) $150.00 Previous Page Next Page Page 9 of 20 Go to Subit 2 3 5 6 7 8 9 0 S D F G H J KL