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1. The Ramirez Company's last dividend was $1.1. Its dividend growth rate is expected to be constant at 14% for 2 years, after which dividends

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1. The Ramirez Company's last dividend was $1.1. Its dividend growth rate is expected to be constant at 14% for 2 years, after which dividends are expected to grow at a rate of 5% forever. Its required return (r) is 10%. What is the best estimate of the current stock price? Answer to the nearest dollar amount, and enter without the dollar sign 10 QUESTION 6 Goode Inc.'s stock has a required rate of return of 13.5%, and it sells for $15 per share. Goode's dividend is expected to grow at a constant rate of 7.5% What was the last dividend, Do? Answer to the nearest dollar amount, and enter without the dollar sign

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