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ABC,. Inc just paid a dividend of $ 1 4 . 7 1 . The dividends are expected to grow by 1 9 % in

ABC,. Inc just paid a dividend of $14.71. The dividends are expected to grow by 19% in Year 1,17% in Year 2, and 8% in Year 3. After that, the dividends are expected to grow by 4% each year. If the required rate of return is 16%, what is today's price of the stock?

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