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ABC, Inc.'s stock is currently selling for $244.42. The dividends are expected to grow at 3.19% each year forever. If the required rate of return
ABC, Inc.'s stock is currently selling for $244.42. The dividends are expected to grow at 3.19% each year forever. If the required rate of return on the stock is 14.07%, what is the current period's dividend? That is, solve for D0.
Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.
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