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Question 7 0.5 pts Analysts estimate that ABC Corporation will earn $4.29 profits per share next year. You estimate that these profits will grow at

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Question 7 0.5 pts Analysts estimate that ABC Corporation will earn $4.29 profits per share next year. You estimate that these profits will grow at 4.37% per year for a very long time. If you want to make a return of 8% on an investment in ABC Corporation, what is the most you would be willing to pay for a share of their stock today? Round your answer to 2 decimal places, for example 100.12

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