Question: Cuss Window A Moving to another question will save the response Question 1928 uestion 19 1 points ABC Corporation is expanding rapidly, and it currently
Cuss Window A Moving to another question will save the response Question 1928 uestion 19 1 points ABC Corporation is expanding rapidly, and it currently needs to retain all its earning, hence it does not pay any dividends. However, investors expect to be paying vidends with the first dividend of 50.75 coming two years from today. The dividend should grow rapidly, at a rate of 40 per year during years 3 and 4. After year the company should grow at constant rate of 10 per year. If the required rate of return on the stock is on what is the value of the stock today! a 516.93 b. $15.78 CS 18.48 d. 516.05 517,54
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