kiley2972 kiley2972
  • 23-05-2023
  • Business
contestada

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)? $_________.

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