ABC common stock is expected to have extraordinary growth in earnings and dividends of 26% per year for 2 years, after w
Posted: Tue Nov 16, 2021 8:03 am
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 2%. If the discount rate is
15% and the most recent dividend was $1, what should be the
approximate current share price (in $ dollars)? $_________.
earnings and dividends of 26% per year for 2 years, after which the
growth rate will settle into a constant 2%. If the discount rate is
15% and the most recent dividend was $1, what should be the
approximate current share price (in $ dollars)? $_________.