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ABC common stock is expected to have extraordinary growth in earnings and dividends of 18% 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 18% per year for 2 years after which the growth rate will settle into a constant 6.90%. If the discount rate is 14% and the most recent dividend was $200, what should be the approximate current share price? Multiple Choice $36.48 537.39 $ 37.90 $38.91

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