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Abcs stock has a required rate of return of 161 and it

ABC's stock has a required rate of return of 16.1%, and it sells for $58 per share. The dividend is expected to grow at a constant rate of 5.3% per year. What is the expected year-end dividend, D₁?

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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HR Management: Abcs stock has a required rate of return of 161 and it

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HR Management: Abcs stock has a required rate of return of 161 and it

Reference No:- TGS02184210

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