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BMW ' s last dividend was $ 1 . 9 9 . Its dividend growth rate is expected to be 2 9 % for 2

BMW's last dividend was $1.99. Its dividend growth rate is expected to be 29% for 2 years, after which dividends are expected to grow at a rate of 5% forever. Its required return is 14%. What is the best estimate of the current stock price?
$38.63
$40.57
$34.53
$29.73
$25.42
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