What is the best estimate of the current stock price

Reference no: EM132068032

Question: The Ramirez Company's last dividend was $1.75. Its dividend growth rate is expected to be constant at 50% for 2 years, after which dividends are expected to grow at a rate of 6% forever. Its required return (r_s) is 12%. What is the best estimate of the current stock price?

Reference no: EM132068032

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What is the best estimate of the current stock price : The Ramirez Company's last dividend was $1.75. Its dividend growth rate is expected to be constant at 50% for 2 years, after which dividends are expected.

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