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ABC common stock is expected to have extraordinary growth in earnings and dividends of 2 0 % per year for 2 years, after which the

ABC common stock is expected to have extraordinary growth in earnings and dividends of 20% per year for 2 years, after which the growth rate will settle into a constant 7%. If the discount rate is 17% and the most recent dividend was $4, what should be the approximate current share price (in $ dollars)? $_________.(ROUND TO 4 DECIMALS IN ALL WORK & FINAL ANSWER)

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