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please show all written work, explanation, and equations 9. (15 points). The Ramirez Company's last dividend was $1.75. Its dividend growth rate is expected to

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please show all written work, explanation, and equations
9. (15 points). The Ramirez Company's last dividend was $1.75. Its dividend growth rate is expected to be constant at 25% for 2 years, after which dividends are expected to grow at a rate of 6% forever. Its required return (r) is 12%. What is its current stock price

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