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Currently ABC stock pays no dividend. Analysts forecast that in 4 years ABC will pay its first annual dividend of $1.50 and dividends will grow

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Currently ABC stock pays no dividend. Analysts forecast that in 4 years ABC will pay its first annual dividend of $1.50 and dividends will grow at 4% per year thereafter, If stocks with similar risk earn a return of 11%, what is the current share price of ABC? $14.12 $15.67 $17.49 $19.05 $21.43 MacBook Air

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