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Question 22 (1 point) ABC corporation just paid a dividend, Do, of $1.20. If dividends are expected to grow forever at a constant growth rate
Question 22 (1 point) ABC corporation just paid a dividend, Do, of $1.20. If dividends are expected to grow forever at a constant growth rate of 6%, what is the expected price of the stock one year from now if the current price is $30? Hint: FV-PV(1+g). $31.80 $31.20 $35.79 $36.00
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