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ABG Corporation has the following dividend forecasts for the next three years: Year 1 2 3 Expected Dividend $ .25 $50 $ 1.25 After the

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ABG Corporation has the following dividend forecasts for the next three years: Year 1 2 3 Expected Dividend $ .25 $50 $ 1.25 After the third year, the dividend will grow at a constant rate of 5% per year. The required return is 10%. What is the price of the stock today? Multiple Choice O $1740 O $18.70 0 $2130 O $26.25 $27.50 Lohn Corporation is expected to pay the following dividends over the next four years: $18, $14, $10, and $5.50. Afterward, the company pledges to maintain a constant 4 percent growth rate in dividends forever. If the required return on the stock is 12 percent, what is the current share price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current share price hos

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