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ABC common stock is expected to have extraordinary growth in earnings and dividends of 19% per year for 2 years, after which the growth rate

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ABC common stock is expected to have extraordinary growth in earnings and dividends of 19% per year for 2 years, after which the growth rate will settle into a constant 5.00%. If the discount rate is 15% and the most recent dividend was $2.30, what should be the approximate current share price? Multiple Choice $ 3739 $ 30.70 $ 3313 $ 32.12

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