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ABC coomon stock is expected to have extraordinary growth in earnings and dividends of 24 % per year for 2 years , after which the

ABC coomon stock is expected to have extraordinary growth in earnings and dividends of 24 % per year for 2 years , after which the growth rate will settle into a constant 5 % . If the discount rate is 15 and the most recent dividend was $ 2 , what should be the approximate current share price ( in dollars ) ? 5 decimal answer only

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