Question: Question 16 1 points Save Answer ABC common stock is expected to have extraordinary growth in earnings and dividends of 21% per year for 2

Question 16 1 points Save Answer ABC common stock is expected

Question 16 1 points Save Answer ABC common stock is expected to have extraordinary growth in earnings and dividends of 21% per year for 2 years, after which the growth rate will settle into a constant 3%. If the discount rate is 15% and the most recent dividend was $5. what should be the approximate current share price (in $ dollars)? $_

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