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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

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 2%. If the discount rate is 15% and the most recent dividend was $3, what should be the approximate current share price (in $ dollars)? $_________.

Suppose a bond is priced at $1000, has 17 years remaining until maturity, and has a 12% coupon, paid monthly. What is the amount of the next interest payment (in $ dollars)? $__________.

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