Question: Question Completion Status: 113 0.12 7.39 4 Moving to another question will save this response. Question 8 of 28 Question 8 5 points SoveASWAT kpert

 Question Completion Status: 113 0.12 7.39 4 Moving to another question

Question Completion Status: 113 0.12 7.39 4 Moving to another question will save this response. Question 8 of 28 Question 8 5 points SoveASWAT kpert Ans ABC common stock is expected to have extraordinary growth in earnings and dividends of 22% per year for 2 years after which the growth rate will settle into a constant 7%. If the discount rate is 13% and the most recent dividend was 55, what should be the approximate current share price in 5 dollars)? Sahil Jakha 15.579 ans DO = 2.20 D1 = 2.20 D2 = 2.68 Moving to another question will save this response. Question 8 of 28 Value of St 2.08

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