Question: Long calculation #1: ABC Co. is growing quickly. Dividends are expected to grow at a rate of 15 percent for the next three years, with

$Long calculation \#1: ABC Co. is growing quickly. Dividends are expected$

Long calculation \#1: ABC Co. is growing quickly. Dividends are expected to grow at a rate of 15 percent for the next three years, with the growth rate falling off to a constant 0 percent thereafter. If the required return is 12 percent and the company just paid a dividend of $4.79, what is the current share price? 58.364651.626559.668483.936667.670368.1608

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