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Intro ABC Corp. has an ROE of 6% and reinvests 40% of its net income. ABC has just paid an annual dividend of $0.35. ABC

Intro ABC Corp. has an ROE of 6% and reinvests 40% of its net income. ABC has just paid an annual dividend of $0.35. ABC stock has a beta of 0.8. The risk-free rate is 2.6% and the expected return on the market portfolio is 9%. B Attempt 1/10 for 10 pts. Part 1 What is the appropriate discount rate? 3+ decimals Submit 1 Attempt 1/10 for 10 pts. Part 2 What is the expected growth rate of dividends? 4+ decimals Submit Part 3 IB | Attempt 1/10 for 10 pts. What is the value of the stock? 1+ decimals

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