question 1

Question 1 Incorrect 0.00 points out of 1.00 The Ramirez Company's last dividend was $1.75. Its dividend growth rate is expected to be constant at 22% for 2 years, after which dividends are expected to grow at a rate of 6% forever. Its required return (rs) is 10%. What is the best estimate of the current stock price? Do not round intermediate calculations. P Flag question Select one: a. $33.35 b. $44.73 X c. $61.14 C d. $39.04 e. $44.33