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Question Completion Status: Moving to the next question prevents changes to this answer. Question 3 of 16 Question 3 20 points Save Answer ABC Corporation

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Question Completion Status: Moving to the next question prevents changes to this answer. Question 3 of 16 Question 3 20 points Save Answer ABC Corporation ABC Corporation st paid a dividend of $1.50 a share. The dr den year thereafter. The required return to invest in ABC stock is 12.50%. is expected to grow at 10% a year for the next 2 years, and the 5% per What is the intrinsic value (or current price) of ABC? O$21.00 $23.03 $24.42 O $24.48 O$24.75 $25.03 O $25.56

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