The ramirez companys last dividend was 175 its dividend, Finance Basics

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The ramirez companys last dividend was 175 its dividend

Question: 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 12%. What is the best estimate of the current stock price?

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Finance Basics: The ramirez companys last dividend was 175 its dividend

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Finance Basics: The ramirez companys last dividend was 175 its dividend

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