Question: Question 20 1 points Save Answer ABC common stock is expected to have extraordinary growth in earnings and dividends of 23% per year for 2

Question 20 1 points Save Answer ABC common stock is expected to have extraordinary growth in earnings and dividends of 23% per year for 2 years, after which the growth rate will settle into a

Question 20 1 points Save Answer ABC common stock is expected to have extraordinary growth in earnings and dividends of 23% per year for 2 years, after which the growth rate will settle into a constant 8%. If the discount rate is 13% and the most recent dividend was $2, what should be the approximate current share price (in $ dollars)? $_ A Moving to another question will save this response.

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