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Question 47 of 76 Moving to another question will save this response 5 points Save Ang Question 47 The ABC Co. just paid a dividend

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Question 47 of 76 Moving to another question will save this response 5 points Save Ang Question 47 The ABC Co. just paid a dividend of $3.4 per share on its stock. The dividends are expected to grow at a constant rate of 8.7% per year indefinitely. If investors require a 9.7% return on The ABC Co, stock, answer the following: (Do not round Intermediate calculations. Round the final answers to 2 decimal places. Omit 5 sign in your response.) What will the price be in 11 years? Question 47 of 76 Moving to another question will save this response 14 MacBook ga DII 90 ODO GO 14 83 A & 7 4 3 5 6 00 9 O C C 77 7 Mi IL E R Y U 0

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