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ACB corp. is a tech company that is expected to experience a high growth of 1 4 percent for the next 2 years, slowing to

ACB corp. is a tech company that is expected to experience a high growth of 14 percent for the next 2 years, slowing to a perpetual growth rate of6 percent thereafter. The company just paid a dividend of GhS3. Using the Gordon Growth Model, estimate the intrinsic valueof ABC's shares in two year's time. Assume arequired return of11 percent. A. GhS69.62B. GhS73.35 C. GhS79.59 D. Gh$79.95 E. GhS75.33

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