Abc corp is expected to have a share price of 75 dollars, Finance Basics

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Abc corp is expected to have a share price of 75 dollars

Question: ABC Corp is expected to have a share price of $75 dollars and a dividend of $5.00 next year. If the required return of equity is 7% what is the current estimated share price? If the stock is actually selling for $79 today would it be a good investment? Explain.

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Finance Basics: Abc corp is expected to have a share price of 75 dollars

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