Question: 1 12 Question 8 (1.6 points) Saved The next dividend for ABC Company will be $2.50 per share. The dividends are anticipated to maintain a

 1 12 Question 8 (1.6 points) Saved The next dividend for

1 12 Question 8 (1.6 points) Saved The next dividend for ABC Company will be $2.50 per share. The dividends are anticipated to maintain a 7% growth rate, forever. If ABC stock currently sells for $40.00 per share, what is the required return? 4 15 1) 14.5% 7 18 2) 10.5% 20 21 3) 7.5% > 4) 7.0% 23 24 5) None of these

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