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based on the following information use a two-stage growth model to estimate the ABC corporation stock price. The most recent dividend: $9.00 Investors RRR: 28.4%
based on the following information use a two-stage growth model to estimate the ABC corporation stock price.
The most recent dividend: $9.00
Investors RRR: 28.4%
Expected dividend growth rate for the next 2 years: 15%
Expected dividend growth rate thereafter: 5.5%
Round final answer to nearest dollar
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