CLO Question (3.5 Marks) ABC Corporation is expanding rapidly and currently needs to retain all of its earning, hanesinde dividends. However, investors expect ABC to begin paying dividends, beginning with end of 3 years from today. The dividend should grow rapidly-at a rate of 50% per year-during Years 4 and 5, but the wh should be a constant 8% per year. If the required return on ABC is 15%, evaluate the value of the stock today? Heading 4 B TEIE CLO Question (3.5 Marks) ABC Corporation is expanding rapidly and currently needs to retain all of its earning, hanesinde dividends. However, investors expect ABC to begin paying dividends, beginning with end of 3 years from today. The dividend should grow rapidly-at a rate of 50% per year-during Years 4 and 5, but the wh should be a constant 8% per year. If the required return on ABC is 15%, evaluate the value of the stock today? Heading 4 B TEIE