Abacus Corporation will pay dividends of $2.25, $2.95, and $3.15in the next three years. After three years,

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Abacus will pay dividends of $2.25, $2.95, and $3.15in the next three years. After three years, the dividends are expected to grow at a constant rate of 4 percent per year. If the required rate of return is 14.5 percent, what is the current value of the Abacus common stock?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...

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