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ABC Inc. will pay a $2.00 dividend next year. It will pay a $3.00 the year after. Following this dividends will grow at an average
- ABC Inc. will pay a $2.00 dividend next year. It will pay a $3.00 the year after. Following this dividends will grow at an average annual rate of 8% per year forever. Assuming a 12% discount rate what is the current price of the stock?
$81 $68.75 $66.96 $82.79
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International Financial Reporting A Practical Guide
Authors: Alan Melville
6th edition
1292200743, 1292200766, 9781292200767, 978-1292200743
