ABC Corp. currently pays a dividend of $2.00 per share. The dividend is expected to...
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ABC Corp. currently pays a dividend of $2.00 per share. The dividend is expected to grow at a constant rate of 6% into the future. If the market interest rate is 10%, then the current stock price is estimated to be ________. A. $51.25 B. $52.66 C. $53.00 D. $55.00
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