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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

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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 S sign in your response.) What will the price be in 11 years

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