1011 12 The Ramirez Company's last dividend was $1.75. Its dividend growth rate is expected to be 25% for 1 year, after
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
1011 12 The Ramirez Company's last dividend was $1.75. Its dividend growth rate is expected to be 25% for 1 year, after
Company's last dividend was $1.75. Its dividend growth rate is expected to be 25% for 1 year, after which dividends are expected to grow at a rate of 6% forever. Its required return is 8%. What is the best estimate of the current stock price? O $115.29 Ⓒ$98.44 5 pts O $120.11 O $109.38 Ⓒ$103.22
1011 12 The Ramirez