What is the best estimate of current stock price

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Reference no: EM131309689

The XYZ Company paid $1.85 dividend yesterday. Its dividend growth rate is expected to be constant at 22.30% for 2 years, after which dividends are expected to grow at a rate of 5.80% forever. Its required return (rs) is 13.05%. What is the best estimate of the current stock price?

Reference no: EM131309689

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