Question: please help me to solve these questions. (d) Elsa Ltd's common stock is expected to have extraordinary growth in earnings and dividends of 20% per

please help me to solve these questions.

please help me to solve these questions. (d) Elsa Ltd's common stock

(d) Elsa Ltd's common stock is expected to have extraordinary growth in earnings and dividends of 20% per year for 3 years, after which the growth rate will settle into a constant 6%. If the discount rate is 12% and the most recent dividend was $0.50 what should be the approximate current stock price? (12 marks)

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