Abcs last dividend paid was 27 its required return is 197


Question: ABC's last dividend paid was $2.7, its required return is 19.7%, its growth rate is 5.3%, and its growth rate is expected to be constant in the future. What is Sorenson's expected stock price in 7 years, i.e., what is P7?

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Finance Basics: Abcs last dividend paid was 27 its required return is 197
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