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What is the price

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Reference no: EM133019757

Question - Assume ABC Company is expected to pay a $1.00 dividend in one year. If the dividend is expected to grow at 3% per year and the required return is 22%, what is the price?

a. $5.263

b. $10.253

c. $9.243

d. $7.125

Reference no: EM133019757

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