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ABC. Inc just paid a dividend of $35.55 per share. The dividends are expected to increase by 2% each year. The required rate of
ABC. Inc just paid a dividend of $35.55 per share. The dividends are expected to increase by 2% each year. The required rate of return on the stock is 21%. What is the stock's expected price 17 years from today (i.e., what is P17)?
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Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
