Question: Please show details Question 10 5 points Save An ABC common stock is expected to have extraordinary growth in earnings and dividends of 24% per
Please show details
Question 10 5 points Save An ABC common stock is expected to have extraordinary growth in earnings and dividends of 24% per year for 2 years, after which the growth rate will settle into a constant 3%. If the discount rate is 13% and the most recent dividend was $5, what should be the approximate current share price in $ dollars)? $_
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