Question: Please reply me fast answer. QUESTION 5 Conroy Consulting Corporation (CCC) has been growing at a rate of 30% per year in recent years. This

Please reply me fast answer.

QUESTION 5

Conroy Consulting Corporation (CCC) has been growing at a rate of 30% per year in recent years. This same nonconstant growth rate is expected to last for another 2 years (g0,1 = g1,2=30% ).If D0 = $5, rs = 15%, and the long term growth after year 2 or gL = 7%, then what is CCC's stock worth today?

  1. $78.35
  2. $97.50
  3. $113.02
  4. $14.95
  5. $121.47

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