The last dividend paid by wilden corporation was 155 the


The last dividend paid by Wilden Corporation was $1.55. The dividend growth rate is expected to be constant at 1.5% for 2 years, after which dividends are expected to grow at a rate of 8.0% forever. The firm's required return (rs) is 11.0%. What is the best estimate of the current stock price?

a. $49.37

b. $48.16

c. $41.70

d. $40.48

e. $37.05

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Financial Management: The last dividend paid by wilden corporation was 155 the
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