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Question 2 (5 points) ABC stock just paid $2.00 in dividends per share. If the required return is 6.25% and the dividends are expected to

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Question 2 (5 points) ABC stock just paid $2.00 in dividends per share. If the required return is 6.25% and the dividends are expected to grow at 2.4%, how much is this stock worth today? (Round your answer to the nearest hundredth; two decimal places)

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