Question: please show work ABCCo. is growing quickly. Dividends are expected to grow at a rate of 14 percent for the next three years, with the
ABCCo. is growing quickly. Dividends are expected to grow at a rate of 14 percent for the next three years, with the growth rate falling off to a constant 3 percent thereafter. If the required return is 8.5 percent and the company just paid a dividend of $4.59, what is the current share price? 41.2189 132.7412 52.5011 34.934 114.9178
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