Question: Answer Question 22-23 based on following information. ABC company's dividend is projected to be $2 next year (t=1) and is expected to grow by 10%

Answer Question 22-23 based on following information. ABC company's dividend is

Answer Question 22-23 based on following information. ABC company's dividend is projected to be $2 next year (t=1) and is expected to grow by 10% for the following years (from t=2 to 00). 22. What is the expected dividend in year 3? a. S 4.46 b. $ 4.72 c. S 4.29 . . d. S 2.16 23. If the discount rate is 13%, what is the estimate of the stock price? a. S 66.67 b. S 129.79 c. S 86.58 d. S 99.68

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