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ABC Inc. just paid an annual dividend of $2.64 per share last month and plans on increasing dividends by 3.8 percent annually. Assuming the required

ABC Inc. just paid an annual dividend of $2.64 per share last month and plans on increasing dividends by 3.8 percent annually. Assuming the required return is 9.2 percent, what is one share of this stock worth today?

$48.89
$50.75
$53.20
$58.91
$46.38

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