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ABC, inc., just paid a dividend of $2.35 per share on its stock. the dividends are expected to grow at a constant rate of 3.5

ABC, inc., just paid a dividend of $2.35 per share on its stock. the dividends are expected to grow at a constant rate of 3.5 percent per year, indefinitely. if investors require a 12 percent return on this stock, what will be the price in 3 years?

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