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The Ramire Company's last dividend was $1.75. Its dividend growth rate is expected to be constant at 41% for 2 years, after which dividends are

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The Ramire Company's last dividend was $1.75. Its dividend growth rate is expected to be constant at 41% for 2 years, after which dividends are expected to grow at a rate of 3% forever. Its required return (rs) is 12%. What is the best estimate of the current stock price? Do not round intermediate calculations. 2.$38.47 b. $3332 c. $36:72 d. 540.86 e. $3927

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