Question: PLEASE ANSWER I WILL GUARANTEE THUMBS UP (please try to keep 2 decimal places if possible) 17. ABC common stock is expected to have extraordinary

PLEASE ANSWER I WILL GUARANTEE THUMBS UP (please try to keep 2 decimal places if possible)

17. ABC common stock is expected to have extraordinary growth in earnings and dividends of 26% per year for 2 years, after which the growth rate will settle into a constant 2%. If the discount rate is 15% and the most recent dividend was $2, what should be the approximate current share price (in $ dollars)? $_________.

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