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Manal Elkhoshkhany
Manal Elkhoshkhany, Bachelor's Degree
Category: Math Homework
Satisfied Customers: 9865
Experience:  I have completed my BA degree in 1988, and graduated with a GPA of 4.0.
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The Ramirez Companys last dividend was $1.75. Its dividend

Resolved Question:

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: 6 years ago.
Category: Math Homework
Expert:  Manal Elkhoshkhany replied 6 years ago.

Hello and welcome to JA

 

Please click on the following link for the solutions:

 

http://www.box.net/shared/vjfe88vkko

 

 

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