bellabae3145 bellabae3145
  • 06-06-2023
  • Business
contestada

1. What is the estimated current price of a share of ABC Company stock based on the Dividend Discount Model? The annual required rate of return is 19.5%. ABC just paid their annual dividend of $3.66 a share and the expected growth rate of the dividend is 5.3% per year. Answer to the nearest penny.

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