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ABC common stock is expected to have extraordinary growth of 20% per year for 2 years, at which time the growth rate will settle into

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ABC common stock is expected to have extraordinary growth of 20% per year for 2 years, at which time the growth rate will settle into a constant 6%. If the discount rate is 15% and the most recent dividend was $2.00, what should be the approximate current share price? (Do not round intermediate calculations.)

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