Question: Analysts predict that ABC's earnings and dividends will see growth of 4.90% annually for the foreseeable future. Shareholders of ABC require a 12.80% annual return

Analysts predict that ABC's earnings and dividends will see growth of 4.90% annually for the foreseeable future. Shareholders of ABC require a 12.80% annual return and the company just paid a $5.94 annual dividend. Based on this, what will be the price of ABC's stock in 6 years?

Question 10Answer

$64.86

$105.10

$100.19

$95.51

$110.25

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