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how do you get this, not using excel non adentese a sale Fore! A A A EX417 AAEEEEEE ct Aa Normal 1 No Spac... Heading

image text in transcribed how do you get this, not using excel
non adentese a sale Fore! A A A EX417 AAEEEEEE ct Aa Normal 1 No Spac... Heading 1 Heading 2 w IS Paragraph TE 2. Styles 3 5 1 Use the following information for the next two questions. Company ABC pays annual dividends. Given the risk associated with ABC's stock, the annual effective expected return is 12%. ABC's first annual dividend is expected to be 3 years from today with an expected amount of $1.20 per share. Each subsequent annual dividend is expected to grow by 3%. Following the dividend 7 years from now, the annual dividends are expected to grow by 2% each year forever. What's the price of one share of ABC today? $1.2 $1.378 0 1 N 3 4 5 6 8

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