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QUESTION
ABC Inc., is expected to pay an annual dividend of $3.1 per share next year. The required return is 16.8 percent and the growth rate is 6.7 percent.
ABC Inc., is expected to pay an annual dividend of $3.1 per share next year. The required return is 16.8 percent and the growth rate is 6.7 percent. What is the expected value of this stock five years from now? round to two decimal places
