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ABC, Inc will pay a $4.85 per share dividend next year. The company pledges to increase its dividend by 4.75 percent per year, indefinitely. If

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ABC, Inc will pay a $4.85 per share dividend next year. The company pledges to increase its dividend by 4.75 percent per year, indefinitely. If you require a 12 percent return on your investment, how much will you pay for the company's stock three years from today? 1)$72.43 2) $74.36 3) $76.89 4) $69.39 Previous Pa Nost Pao 2 3 5 6 8 9 WE R T Y U O P S ID F G H J K L

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