What is the best estimate of the current market value of


Gavin Corp. recently paid dividend of $2.50 per share. Equity analysts expect Gavin's dividend to grow by 50.0% this year, by 15>0% in Year 2 and at a constant rate of 3.0% in Year 3 and thereafter. The required return on this stock is 13.0%. What is the best estimate of the current market value of Gavins stock? Show your work and document your logic and answer.

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Finance Basics: What is the best estimate of the current market value of
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