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ABC is a software firm earned $1 per share last year and just paid out a dividend of 0.50 per share. if you believe the

ABC is a software firm earned $1 per share last year and just paid out a dividend of 0.50 per share. if you believe the company plans to maintain its dividend payout ratio ar 50% . ROE EQUALS 25% and the market expects this situation to indefinitely . what is the market price of ABC STOCK. the required return firm is 15% and it has just gone ex dividend image text in transcribed
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