Question: I need solutions question quickly please 51 52 - ABC Company is presently enjoying relatively high growth because of a surge in the demand for

I need solutions question quickly please

I need solutions question quickly please 51 52 - ABC Company is

51 52 - ABC Company is presently enjoying relatively high growth because of a surge in the demand for recreational vehicles. Management expects earnings and dividends to grow at a rate of 25% for the next 4 years, after which high gas prices will probably reduce the growth rate in earnings and dividends to zero, i.e., g = 0. The company's last dividend, DO, was $1.25. ABC's beta is 1.20, the market risk premium is 5.50%, and the risk-free rate is 3.00%. What is the current price of the common stock? 53 54 55 56 57 58 59 60 2014 Cated between the 55

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