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IntoTheUnknown's last dividend was $3.00. The dividend growth rate is expected to be constant at 1.5% for 2 years, after which dividends are expected to
IntoTheUnknown's last dividend was $3.00. The dividend growth rate is expected to be constant at 1.5% for 2 years, after which dividends are expected to grow at a rate of 8.0% forever. The firm's required return (rs) is 12.0%. What is the best estimate of the current stock price? Do not round intermediate calculations.
$88.92 | ||
$78.88 | ||
$80.31 | ||
$68.84 | ||
$33.50 | ||
$84.98 | ||
$71.71 |
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