Mathematics, 25.10.2021 20:40 Crxymia

The Ramirez Company's last dividend was $1.75. Its dividend growth rate is expected to be constant at 24% for 2 years, after which dividends are
expected to grow at a rate of 6% forever. Its required return (r ) is 12%.
What is the best estimate of the current stock price?

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The Ramirez Company's last dividend was $1.75. Its dividend growth rate is expected to be constant...