ABC common stock is expected to have extraordinary growth in earnings and dividends of 19% per...

 

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ABC common stock is expected to have extraordinary growth in earnings and dividends of 19% per year for 2 years after which the growth rate will settle into a constant 4% if the discount rate is 13% and the most recent dividend was $3, what should be the approximate current share price (in $ dollars)? 5 ABC common stock is expected to have extraordinary growth in earnings and dividends of 19% per year for 2 years after which the growth rate will settle into a constant 4% if the discount rate is 13% and the most recent dividend was $3, what should be the approximate current share price (in $ dollars)? 5

Answer rating: 100% (QA)

Approximate Current Share Price Given Dividend growth rate g 19 ... View the full answer