Question: (15 points) ABC common stock is expected to have extraordinary growth of 20% per year for two years, at which time the growth rate will

(15 points) ABC 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 6%. If the discount rate is 15% and the most recent dividend was $2.50, what should be the current share price?

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