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Question 11 Not yet saved Marked out of 1.00 P Flag question At the end of the year, ABC will pay a $1.77 dividend per

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Question 11 Not yet saved Marked out of 1.00 P Flag question At the end of the year, ABC will pay a $1.77 dividend per share After that the dividend is expected to increase at a constant rate of 2% p.a. If you require a 13%p.a. return on the stock, what is the value of ABC stock? (round to the nearest cent; don't use $ sign) Answer: Previous page Next page

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