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ABC. Inc just paid a dividend of $42.97 per share. The dividends are expected to increase by 3% each year. The required rate of return

ABC. Inc just paid a dividend of $42.97 per share. The dividends are expected to increase by 3% each year. The required rate of return on the stock is 13%. What is the stock's expected price 8 years from today (i.e., what is P₈)?

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