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Homework: Chapter 8 Graded Homework Score: 0 of 1 pt 5 of 18 (15 complete) Hw Score: 77.78%, 14 of 18 Problem 8.LO3.30 (similar to

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Homework: Chapter 8 Graded Homework Score: 0 of 1 pt 5 of 18 (15 complete) Hw Score: 77.78%, 14 of 18 Problem 8.LO3.30 (similar to Question Help The last dividend paid by Abbot Company was S346. Dividends are expected to grow at 15% for the next 2 years, then grow at a constant 4% indefinitely. If the required return is 5%, what should be the current stock price? The current stock price should be $ 350.15. (Round to the nearest cent)

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