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ABC Incs stock is expected to pay a year-end dividend, D1, of $4.00. The dividend is expected to grow at a constant rate of 9%

ABC Incs stock is expected to pay a year-end dividend, D1, of $4.00. The dividend is expected to grow at a constant rate of 9% per year, and the stocks required rate of return is 14%. Given this information, what is the expected price of the stock, eight years from now?

Group of answer choices

$271.49

$185.09

$159.41

$100.00

$200.00

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