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ABC,. Inc just paid a dividend of $4.57. The dividends are expected to grow by...

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Finance

ABC,. Inc just paid a dividend of $4.57. The dividends are expected to grow by 18% in Year 1, 11% in Year 2, and 8% in Year 3. After that, the dividends are expected to grow by 7% each year. If the required rate of return is 19%, what is today's price of the stock?

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