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Business, 02.04.2021 04:00 jboii11

We are fairly certain The ABC Company will pay $4, $4.50, and $5 in dividends at the end of years 1, 2, and 3 respectively. We expect the stock share to sell for $70.00 at the end of year 3. An investment with comparable risk is earning 8%. What is the value today of one share of The ABC Company

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