The r companys last dividend was 120 its dividend growth


The R Company's last dividend was $1.20. Its dividend growth rate is expected to be at 35% for 3 years, after which dividends are expected to grow at a constant rate of 5% forever. Its required return (rs) is 15%. What is the best estimate of the current stock price?

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Finance Basics: The r companys last dividend was 120 its dividend growth
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