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Question 14 1 pts Your analysis of ABL Ltd's shares indicates that the company is not expected to pay any dividends for the next three
Question 14 1 pts Your analysis of ABL Ltd's shares indicates that the company is not expected to pay any dividends for the next three years. It is then likely to pay a dividend of $2.00 at the end of year 4, which is expected to grow at a rate of 10% p.a. for the next two years. Subsequently, these dividends are expected to grow at a rate of 5% p.a. for the foreseeable future. If investors require a return of 10% p.a. on ABL Ltd's shares, the company's share price today should be closest to: $28.70. $32.80. $37.80. $50.80
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