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Company ABC's current annual dividend is $12 per share, and the dividend is expected to grow at a rate of 4% per year indefinitely. If
Company ABC's current annual dividend is $12 per share, and the dividend is expected to grow at a rate of 4% per year indefinitely. If the appropriate discount rate is 13%, what is the fundamental value of a ABC share?
$128.86
$133.33
$167.76
$175.00
$142.50
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