johnLavender2156 johnLavender2156
  • 26-05-2023
  • Business
contestada

abc common stock is expected to have extraordinary growth in earnings and dividends of 18% per year for 2 years, after which the growth rate will settle into a constant 2%. if the discount rate is 16% and the most recent dividend was $1, what should be the approximate current share price (in $ dollars)? $ .

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