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ABC.com is expected to pay $1 per share dividends for the next 3 years (i.e. D1 through D3) after which dividends are expected to grow
ABC.com is expected to pay $1 per share dividends for the next 3 years (i.e. D1 through D3) after which dividends are expected to grow at 3% per year. Assume required rate of return is 10%, what is the current price for this stock?
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