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please show work Suppose ABC's expected dividend next year (i.e., Period 1 ) is $3.5. If its dividend is likely to grow at a constant
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Suppose ABC's expected dividend next year (i.e., Period 1 ) is $3.5. If its dividend is likely to grow at a constant rate of 7.6% forever, compute its stock value in Period 4 when the required rate of return is 11.6%. Round your answer to two decimal places Step by Step Solution
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