ABC common stock is expected to have extraordinary growth in earnings and dividends of 26% per year for 2 years, after which the growth rate will settle into a constant 2%. If the discount rate is 17% and the most recent dividend was $3, what should be the approximate current share price (in $ dollars)? $. Jefferson's recently paid an annual dividend of $8 per share. The dividend is expected to decrease by 4% each year. How much should you pay for this stock today if your required return is 15% (in $ dollars)? $ The expected constant-growth rate of dividends is % for a stock currently priced at $76, that just paid a dividend of $2, and has a required return of 19%