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The common stock of ABC Corporation is expected to pay a dividend of $4.50 per share in one year. (i.e., D = $4.50) Dividends are
The common stock of ABC Corporation is expected to pay a dividend of $4.50 per share in one year. (i.e., D = $4.50) Dividends are expected to grow at a constant rate of 4% indefinitely. Investors require a 14.857% rate of return on ABC stock. Compute the theoretical value of this stock. O $35.00 O $41.45 O $64.72 O $75.00
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