ABC Ltd is currently paying a dividend of $3 per share If investors expect this dividend to be maint 1 answer below »

ABC Ltd is currently paying a dividend of $3 per share 

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ABC Ltd is currently paying a dividend of $3 per share If investors expect this dividend to be maint 1 answer below »
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If investors expect this dividend to be maintained forever and require a rate of return of 11 percent on the investment 

What is the value of each ABC share today?