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ABC, Inc.'s stock is currently selling for $238.25. The dividends are expected to grow at 2.27% each year forever. If the required rate of return
ABC, Inc.'s stock is currently selling for $238.25. The dividends are expected to grow at 2.27% each year forever. If the required rate of return on the stock is 24.15%, what is next period's dividend? That is, solve for D1.
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