Question: ABC Inc is expected to pay a $3.80 per share dividend at the end of this year (i.e., D1 = $3.80). The dividend is expected

  1. ABC Inc is expected to pay a $3.80 per share dividend at the end of this year (i.e., D1 = $3.80). The dividend is expected to grow at a constant rate of 9.90% a year. The required rate of return on the stock, Rs, is 15.15%. What is the value per share of ABC's stock?

  2. please answer the question step by step and show how to do on excel thank you

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