Assume that r 8 and div 0 200 what ill be the price of


ABC Co. has been hit hard due to increased competition. The company's analysts predict that earnings (and dividends) will decline at a ate of 5% annually forever. Assume that R = 8% and Div 0 = $2.00. What ill be the price of the company's stock 3 years from now?

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Finance Basics: Assume that r 8 and div 0 200 what ill be the price of
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