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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

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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 will settle into a constant 5.70%. If the discount rate is 14% and the most recent dividend was 51.90. what should be the approximate current share price? Multiple Choice 53334 53739 $31.92 $ 34 35

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