Sawchuck Consulting has been profitable for the last 5 years, but it has never paid a dividend. Management has indicated that it plans to pay a $0.25 dividend 3 years from today, then to increase it at a relatively rapid rate for 2 years, and then to increase it at a constant rate of 8.00% thereafter. Management's forecast of the future dividend stream, along with the forecasted growth rates, is shown below. Assuming a required return of 11.00%, what is your estimate of the stock's current value? Year 0 1 2 3 4 5 6 7 Growth rate NA NA NA NA 35% 17.5% 8.00% 8.00% $0.46 Dividends $0.000 $0.000 $0.000 $0.25 $0.34 $0.40 $0.43 Use the rounded values of dividends (as given in the table above) for your subsequent calculations. Select the correct answer. a. $-18.09 b. $-4.47 C. $-13.55 d. $-9.01 e. $9.15 Orwell building supplies' last dividend was $1.75. Its dividend growth rate is expected to be constant at 31.00% for 2 years, after which dividends are expected to grow at a rate of 6% forever. Its required return (rs) is 12%. What is the best estimate of the current stock price? Select the correct answer. a. $48.81 b. $50.89 C. $46.73 d. $47.77 e. $49.85