Question: ABC Corp. is expected to pay dividends that grow at an annual rate of 10%. What is the expected price at the end of year

ABC Corp. is expected to pay dividends that grow at an annual rate of 10%. What is the expected price at the end of year 1 if the current price is $100 and the required return is 14%?

		107
		110
		90
		100
		Impossible to tell

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