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 $1.70, what should be the approximate current share price? (Do not round intermediate calculations.) Multiple Choice O $25.43 O $32.46 O O $19.17 O O $21.24 Net Corp. has an ROE of 30% and would like to see earnings grow at a 18.90% annual rate. What percentage of earnings can it afford to pay out as dividends? Multiple Choice 10.33% 22.00% O 63.00% O 37.00% O Calculate the EBIT for a firm with $7.6 million total revenues, $5.3 million cost of goods sold, $2,300,000 depreciation expense, and $300,000 interest expense. Multiple Choice $2,300,000 $2,000,000 O O $0 O ($300,000)