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Stock ABC is expected to pay dividends of 2.00 per share for the next two years (dividend in year 1 will be 2.00 and dividends
Stock ABC is expected to pay dividends of 2.00 per share for the next two years (dividend in year 1 will be 2.00 and dividends in year two will also be 2.00 ). In the end of this two-year period and thereafter the constant growth rate of stock dividends is expected as 3%. The required rate of return is 13%. What should be the stock price of ABC today
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