Question: B&G Enterprises just experienced a technological breakthrough and is expected to grow at a 28.6 % rate for the next two years. After this period,
B&G Enterprises just experienced a technological breakthrough and is expected to grow at a 28.6 % rate for the next two years. After this period, competition will catch-up and B&G will maintain a constant 4.4% growth rate. If B&G's required return is 8.4 % and the company just paid a $1.54 dividend, what is the current share price?
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