What is expected stock price in six years

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Reference no: EM132056711

ABC’s next dividend is expected to be $2.16, its required return is 16%, its growth rate is 5%. What is ABC's expected stock price in 6 years?

Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.

Reference no: EM132056711

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