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show your calculation process, the process weighs 50% of mark: ABC pays an annual dividend, and it has reached its matured stage. Management thinks that

show your calculation process, the process weighs 50% of mark: ABC pays an annual dividend, and it has reached its matured stage. Management thinks that they are able to grow their earnings by 4% a year on average indefinitely. Therefore, they expect to raise their dividends by 4% every year. Dividend of $4.50 per share just paid today. The market's required return is 6.5% (1) What is ABC's estimated fair stock price today? (2) What is the estimated fair price of ABC 5 years from now? (3) What is the total return

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