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UGE CO. common stock is expected to have extraordinary growth of 20% per year for two years, at which time the growth rate will settle
UGE CO. common stock is expected to have extraordinary growth of 20% per year for two years, at which time the growth rate will settle into a constant 4%. If the discount rate is 12% and the most recent dividend (DIV 0) was $2.00, what should be the current stock price?
Group of answer choices
52.03
34.33
25.30
37.42
42.83
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