The ramirez companys last dividend was 175 its dividend


The ramirez company's last dividend was 1.75. it's dividend growth rate is expected to be constant at 25% for 2 years after which dividend are expected to grow at rate of 6% forever. it's required return is 12% what is the best estimate of the current stock price?

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Financial Management: The ramirez companys last dividend was 175 its dividend
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