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ABC Ltd. Has a ROE of 12% and a payout ratio of 30%.It has a stable dividend policy and is not planning on raising new

ABC Ltd. Has a ROE of 12% and a payout ratio of 30%.It has a stable dividend policy and is not planning on raising new external capital.The company is currently paying a dividend of $2.00 per share

What is the price of ABC's stock today?

a.$55.56

b.$16.67

c.$60.22

d.$50.44

e.$65.12

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