2. When Tri-C Corp. compares its ratios to industry averages, it has a higher current ratio, an average quick ratio, and a lower inventory turnover. What might you assume about Tri-C? (5 points)

1.ABC common stock is expected to have extaordinary growth in earnings and dividends of 20% per year for 2 rs, after which the growth rate will settle into a constant 6%. If the discount rate is 15% and th dividend was $2.50, what should be the approximate current share price?