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ABC stock just paid $5.50 in dividends per share. If the required return is 7.75% and the dividends are expected to grow at 2.4%, how

ABC stock just paid $5.50 in dividends per share. If the required return is 7.75% and the dividends are expected to grow at 2.4%, how much is this stock worth today? (Round your answer to the nearest hundredth; two decimal places) Your

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