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Abcs last dividend paid was 655 its required return is 21

ABC's last dividend paid was $6.55, its required return is 21%, its growth rate is 5%. What is ABC's expected stock price in 19 years?

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: Abcs last dividend paid was 655 its required return is 21

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Finance Basics: Abcs last dividend paid was 655 its required return is 21

Reference No:- TGS02216398

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