The xyz company paid 155 dividend yesterday its dividend, Financial Management

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The xyz company paid 155 dividend yesterday its dividend

The XYZ Company paid $1.55 dividend yesterday. Its dividend growth rate is expected to be constant at 22.20% for 2 years, after which dividends are expected to grow at a rate of 5.35% forever. Its required return (rs) is 12.85%. What is the best estimate of the current stock price?

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Financial Management: The xyz company paid 155 dividend yesterday its dividend

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