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If investors require a return of 118 from this stock what

ABC INC just paid a dividend of $2.25 and the dividends are expected to indefinitely grow at a constant 2.8% rate. If investors require a return of 11.8% from this stock, what is the value of the ABC stock? Write in the value with two decimal points but no dollar sign or comma.

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Finance Basics: If investors require a return of 118 from this stock what

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Finance Basics: If investors require a return of 118 from this stock what

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