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ABCCompany's last dividend was $1.4.The dividend growth rate is expected to be constant at 29% for 2 years, after which dividends are expected to grow
ABCCompany's last dividend was $1.4.The dividend growth rate is expected to be constant at 29% for 2 years, after which dividends are expected to grow at a rate of 6% forever.The firm's required return (rs) is 13%. What is its current stock price (i.e. solve for Po)?
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