Best estimate of the current stock price

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The last dividend paid by Wilden Corporation was $1.55. The dividend growth rate is expected to be constant at 2.0% for 2 years, after which dividends are expected to grow at a rate of 5.0% forever. The firm's required return (r s) is 10.0%. What is the best estimate of the current stock price?

Reference no: EM133114684

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