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1011 12 The Ramirez Company's last dividend was $1.75. Its dividend growth rate is expected to be 25% for 1 year, after
Posted: Wed Jul 06, 2022 6:41 pm
by answerhappygod
- 1011 12 The Ramirez Company S Last Dividend Was 1 75 Its Dividend Growth Rate Is Expected To Be 25 For 1 Year After 1 (18.33 KiB) Viewed 23 times
1011 12 The Ramirez
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