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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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