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ABC common stock is expected to have extraordinary growth in earnings and dividends of 22% per year for 2 years, after which the growth rate
ABC common stock is expected to have extraordinary growth in earnings and dividends of 22% per year for 2 years, after which the growth rate will settle into a constant 5%. If the discount rate is 15% and the most recent dividend was $2, what should be the approximate current share price (in $ dollars)? $. The bonds issued by United Corp. bear a coupon of 6 percent, payable semiannually. The bond matures in 18 years and has a $1,000 face value. Currently, the bond sells at $1023. The yield to maturity (YTM) is %
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