Question: ABC Industries will pay a regular dividend of $ 3 . 3 2 per share for each of the next three years. At the end

ABC Industries will pay a regular dividend of $3.32 per share for each of the next three years. At the end of the three years, the company will also pay out a $97 per share liquidating dividend, and the compary will cease operations. If the discount rate is 5.9 percent, what is the current value of the company's stock?
ABC Industries will pay a regular dividend of $ 3

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