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solve this problem using formula: 4. The Ramirez Company's recent dividend was $1.75. Its dividend growth rate is expected to be constant at 25% for

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solve this problem using formula:
4. The Ramirez Company's recent 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 retum ( rs ) is 12%. (1) Find the stock's current intrinsic value. (2) If the stock is currently sold at $100 a share, based on your estimated intrinsic value, should you advise investors to buy this stock? Is this stock undervalued

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