Question: please explain! Question 9 5 pts ABC common stock is expected to have extraordinary growth of 20% per year for two years, at which time

please explain!

Question 9 5 pts ABC common stock is expected to have extraordinary growth of 20% per year for two years, at which time the growth rate will settle into a constant 6%. If the discount rate is 15% and the most recent dividend (DIV ) was $2.50, what should be the current share price? O $47.77 $37.42 O $31.16 O $33.23

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