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Question 3 ABC common stock is expected to have extraordinary growth in earnings and dividends of 24% per year for 2 years, after which the

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Question 3 ABC common 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 2%. If the discount rate is 15% and the most recent dividend was $2, what should be the approximate current share price (in $ dollars)? $

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