Question: Round it to 4 decimal digits ABC common stock is expected to have extraordinary growth in earnings and dividends of 26% per year for 2

Round it to 4 decimal digits

ABC common stock is expected to have extraordinary growth in earnings and dividends of 26% per year for 2 years, after which the growth rate will settle into a constant 5%. If the discount rate is 17% and the most recent dividend was $3, what should be the approximate current share price (in $ dollars)? $

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