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Dividends for ABC Corporation are expected to be $6 per share one year from today,...

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Finance

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Dividends for ABC Corporation are expected to be $6 per share one year from today, $9 per share two years from today, and $10.50 per share three years from today. Thereafter, they are expected to grow by 4% per year. If investors demand a 14% rate of return, what is the price per share today? 0 $92.98 O $62.91 O $79.79 O $37.16

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