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Bizhelp, CPA
Category: Homework
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Experience:  Bachelors Degree and CPA with Accounting work experience
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The Ramirez Companys last dividend was $1.75. Its dividend

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The Ramirez Company's last dividend was $1.75. Its dividend growth rate is expected to be constant at 25% for 2 years, after which dividends are expected to grow at a rate of 6% forever. Its required return (rs) is 12%. What is the best estimate of the current stock price?
Submitted: 5 years ago.
Category: Homework
Expert:  Bizhelp replied 5 years ago.

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