Question: Question 2 8 pts ABC, Inc. is expected to pay a dividend of $2.15 per share next year, and this dividend is expected to grow

Question 2 8 pts ABC, Inc. is expected to pay a

Question 2 8 pts ABC, Inc. is expected to pay a dividend of $2.15 per share next year, and this dividend is expected to grow at a 5% rate annually forever thereafter. Given the risk level of the stock, investors require a 12% return. What should be the market price of ABC Inc's common stock? $30.71 $32.94 $26.97 $29.88 $27.65

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