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ABC Inc.' next dividend is expected to be $1.75, and theirdividend growth has been consistent at 7% per year. What is thestock price 5 years

ABC Inc.' next dividend is expected to be $1.75, and theirdividend growth has been consistent at 7% per year. What is thestock price 5 years ago if investors require a 12% return? ABC Inc.' next dividend is expected to be \( \$ 1.75 \), and their dividend growth has been consistent at \( 7 \% \) per year. What is the stock price 5 years ago if investors require a \( 12 \% \) re 2 answers

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