ABC Enterprises’ stock is expected to pay a dividend of $1.9 per share. The dividend is projected to increase at a constant rate of 7.5% per year. The required rate of return on the stock is 19.3%....

ABC Enterprises’ stock is expected to pay a dividend of $1.9 per share. The
dividend is projected to increase at a constant rate of 7.5% per year. The
required rate of return on the stock is 19.3%. What is the stock’s expected
price 3 years from today (i.e. solve for P3)?