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ABC Inc. just paid a $1.30 dividend, and it is expected to grow at 40% for the next 3 years. After 3 years the dividend
- ABC Inc. just paid a $1.30 dividend, and it is expected to grow at 40% for the next 3 years. After 3 years the dividend is expected to grow at the rate of 7% indefinitely. If the required return is 12.7%, what is the stock's value today?
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Financial Management Theory and Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
15th edition
130563229X, 978-1305632301, 1305632303, 978-0357685877, 978-1305886902, 1305886909, 978-1305632295
