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Business, 03.04.2020 22:32 kaishasenat1986

The Ramirez Company's last dividend was $1.5. Its dividend growth rate is expected to be constant at 15% for 2 years, after which dividends are expected to grow at a rate of 5% forever. Its required return (rs) is 12%. What is the best estimate of the current stock price?

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The Ramirez Company's last dividend was $1.5. Its dividend growth rate is expected to be constant at...
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