Question: A Moving to another question will save this response. Question 12 of 40 > >> Question 12 1 points Save Answer ABC common stock is

 A Moving to another question will save this response. Question 12

A Moving to another question will save this response. Question 12 of 40 > >> Question 12 1 points Save Answer 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 5%. If the discount rate is 14% and the most recent dividend was $3, what should be the approximate current share price (in $ dollars)? $_

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