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ABC Inc. Stock is just paid a $ 0 . 5 0 dividend. The dividend is expected to grow at a rate of 1 5

ABC Inc. Stock is just paid a $0.50 dividend. The dividend is expected to grow at a rate of 15% for the next two years and then grow at a constant rate of 5% every year thereafter. ABC Inc's required rate of return on equity is 10%. The current stock price is closest to

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