The divdend is expected to increase

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ABC Inc. is ecpected to pay anual dividend of .85$ and 1.25$ and 1.75$ a share over the next three years, respectively. after that, the divdend is expected to increase by 1% anually what is 1 share of stock worth today if similar stocks are yeilding a 9% return.

A. 18.89 $

B.19.60 $

C. 20.24 $

D. 20.53 $

Reference no: EM131327536

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