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ABC common stock is expected to have an extraordinary growth of 15% per year for 3 years, at which time the growth rate will settle
ABC common stock is expected to have an extraordinary growth of 15% per year for 3 years, at which time the growth rate will settle into a constant 6%. If the discount rate is 12% and the dividend that was just paid was $2.50, what should be the approximate current share price?
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