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10 points U Company's last dividend was $1.50. Its dividend growth rate is expected to be constant at 3% for 2 years, after which dividends

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10 points U Company's last dividend was $1.50. Its dividend growth rate is expected to be constant at 3% for 2 years, after which dividends are expected to grow at a rate of 4% forever. Its required return (rs) is 9%. What is the best estimate of the current stock pnce? Do not round intermediate calculations. O a. $30.62 b.$40.99 O c. $76.52 O d.$51.02 Oe. $38.27

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