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You have been asked to determine the value of a share of ABC common stock. The stock most recently paid a $ 2 . 0
You have been asked to determine the value of a share of ABC common stock. The stock most recently paid a $ annual dividend. You expect dividends to grow at a supernormal rate of for the next three years. You then expect that dividends will grow at a normal rate thereafter indefinitely As a potential investor, you would require a rate of on this investment. What is the value of a share of ABC?
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