Question: Question 1 (1 point) Rf=1%, E[RM]=6%. Company ABC has a CAPM beta of 1.2. ABC is currently restructuring and has cut its dividend. Expected

Question 1 (1 point) Rf=1%, E[RM]=6%. Company ABC has a CAPM beta of 1.2. ABC is currently restructuring and has cut its dividend. Expected dividends are now Year Dividend 1 2 3 4 Later Growth 0 0 5 10 4.00% What is the value of ABC? $276 $302 $291 $254

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