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ABC common stock is expected to have extraordinary growth of 20 percent per year for two years, after which the growth rate will settle into
ABC common stock is expected to have extraordinary growth of 20 percent per year for two years, after which the growth rate will settle into a constant 5 percent per year. If the discount rate is 15 percent and the most recent dividend was $2.50, what should be the current share price? $31.36 $33.91 $37.39 $47.77
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