Question: ABC Corp. is expected to pay a dividend next year of $2.00 per share. Both sales and profits are expected to grow at a rate

ABC Corp. is expected to pay a dividend next year of $2.00 per share. Both sales and profits are expected to grow at a rate of in year 2 and 3 and then %5 per year after. Dividend growth is expected to match sales growth. If the required return is , what is the value of a share of ABC Corp's stock?

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