Abcnbspinc is expected to pay an annual dividend of 22 per


ABC Inc., is expected to pay an annual dividend of $2.2 per share next year. The required return is 19.9 percent and the growth rate is 5 percent. What is the expected value of this stock five years from now?

Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.

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Finance Basics: Abcnbspinc is expected to pay an annual dividend of 22 per
Reference No:- TGS02184246

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